3042 S Custer Rd, Monroe, Michigan
$299,999
5
Beds
4
Baths
2,530
Square feet
0.50
Acres
About 3042 S Custer Rd
Turnkey 4-unit investment opportunity offering immediate cash flow and a unique river-view setting on approximately 0.50 acres. Units are available for showings with 48 hr notice. All four units are currently rented, generating $3,295/month in gross rental income, plus additional income from coin-operated laundry. Looking for an owner-occupied investment? Live in one unit while rental income from the other three helps offset your housing expenses when a unit becomes available. Separate gas and electric meters help minimize owner-paid utilities, and parking includes 3 detached garage spaces plus 2 additional enclosed garage spaces. Recent improvements include exterior painting, a remodeled bathroom and sunroom in Apartment 2, vinyl plank flooring, and fresh paint. One long-term tenant currently assists with lawn care, snow removal, and routine light maintenance in exchange for below-market rent, offering future income upside.
Features of 3042 S Custer Rd
| MLS® # | 57050214766 |
|---|---|
| Price | $299,999 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,530 |
| Acres | 0.50 |
| Year Built | 9999 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 3042 S Custer Rd |
|---|---|
| Area | 06121 - Monroe Twp |
| Subdivision | NONE |
| City | Monroe |
| County | Monroe |
| State | Michigan |
| Zip Code | 48161 |
Amenities
| Parking | 5 Car Garage, Detached |
|---|---|
| # of Garages | 5 |
| Is Waterfront | Yes |
| Waterfront | River Front |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas, Separate Meters |
|---|---|
| Fireplace | No |
Exterior
| Foundation | Basement |
|---|
School Information
| District | Monroe |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Wiens And Roth Real Estate - Lambertville |
|---|---|
| Contact Info | 123Soldbyjen@gmail.com |