Sue Brown
Refine Search

3042 S Custer Road, Monroe, MI 48161

$310,000
  • 3042 S Custer Road, Monroe, MI 48161 Main Photo

22 Total Photos [Click to View All]

New to the Market Active
BEDS5 BATHS4 full SQUARE FEET2,530 MLS#50214766
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNone SCHOOLMonroe Public Schools

Property Description

Turnkey, fully occupied 4-unit investment property offering immediate cash flow and a scenic river-view setting on approximately 0.50 acres. This well-maintained fourplex generates $3,295 per month in gross rental income, plus additional income from the coin-operated laundry. Current leases are in place through Summer 2027, providing stable, predictable income for the next owner. Separate gas and electric meters for each unit help minimize owner expenses. Tenants enjoy ample parking with 3 detached garage spaces and 2 additional enclosed garage spaces. Recent improvements include premium exterior paint, foundation faade upgrades, remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring in Apartments 1-3, and fresh paint in Apartment 1. One long-term tenant assists with lawn care, snow removal, and routine property maintenance, reducing owner responsibilities while providing future rental upside.

3042 S Custer Road | MLS# 50214766

This multi-family property located at 3042 S Custer Road, Monroe, MI 48161 is currently listed for sale with an asking price of $310,000. S Custer Road is located within the Monroe Public Schools school district. Search Monroe real estate on suebrown.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Fuel Type: Natural Gas
Garage: 5
Heating: Forced Air
Lot Size: 0.50 Acres
Stories: 2.0
Taxes: $4,943
Year Built: 9999

Feature Descriptions

Sewer: Public Sanitary
Summer Tax: 1143
Water: Public Water
Water Features: River Frontage
Winter Tax: 3803

Local Schools

School District: Monroe Public Schools

Listed By / Shown By

Listed By

Agency Name: Wiens And Roth Real Estate - Lambertville
Agency Phone: 734-777-0490

Shown By

Agent Name: Sue Brown
Agent Phone: (419) 340-9243
Agency Title: Key Realty

IDX logo

Estimate Your Payment

Estimated Payment

$ 2,236.39 per month $1,734.05 Principal & Interest $411.92 Property Tax $90.42 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel