For Sale
$309,000

1724 Custer St Monroe, MI 48161

Three-unit apartment building plus office space.

Overview

Added:
Feb 3
Days on market:
73
This exceptional Monroe, MI investment property presents a compelling opportunity for passive income generation. Located at 1724 S Custer, this 1,800 square foot industrial building boasts three currently leased apartments, providing immediate cash flow. The property also includes a substantial office space, featuring four rooms, one and a half bathrooms, and a welcoming lobby. This versatile space offers significant potential for additional rental income or owner-occupancy. The property sits on a 0.33-acre lot and includes a large parking area with over ten spaces, ensuring ample parking for tenants and office occupants. The neighborhood is experiencing significant revitalization and shows strong signs of continued growth, making this a particularly attractive investment. Recently back on the market, the property now benefits from two new tenants, further solidifying its rental income stream. The asking price is $309,000. This property offers a rare blend of residential and commercial space, ideal for investors seeking a diversified portfolio and strong return on investment in a thriving community. The existing leases and recent tenant additions provide immediate income and a solid foundation for future growth. Don't miss this chance to acquire a well-positioned, income-producing asset in a revitalizing area.

Property Details for 1724 Custer St

Property type
Industrial properties
Square Feet
1,800 SF
Year Built
1919
Lot Size (sq. ft)
14,375 SF

Location Insight

City
Monroe
County
Monroe
State
Michigan
Latitude
41.9207
Longitude
-83.42134
1724 Custer St, Monroe, Michigan

FAQs

What type of property is this?
Industrial property - Three-unit apartment building plus office space.
Where is the industrial property located?
The property is located at 1724 Custer St Monroe, MI.
What is the asking price?
The asking price for this property is $309,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1724 Custer St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message