440 N MONROE ST
Monroe, MI 48162

$124,900
Est. Mortgage: $466/mo
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Active
  • 1,955
    sq.ft.
Commercial

Fully leased investment property. Very well maintained. Office $750. Apartment #1 $500. Apartment #2 $500. Net operating income $15,000. 12% Capitalization Rate. Close to Downtown Business District.

Property Details
  • 1910
    built
  • 3451184
    MLS#
Carpet
Lot acreage is: 0.11
Lot zoned: C-1
Public water
For sale
Courtesy of:
Coldwell Banker Haynes R.E.
Fritz, Tom

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Address Distance Sale date Sale price
437 N MONROE ST 0.02 mi. 12/1/2014 $100,000
11 E SECOND 0.59 mi. 3/1/2016 $125,000
1107 W FRONT 0.99 mi. 4/16/2015 $110,000
1018 E SECOND 1.02 mi. 8/30/2013 $105,000
966 UNION 1.26 mi. 11/20/2017 $95,000
1816 N DIXIE HWY 1.98 mi. 5/1/2013 $101,750
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Monroe Real Estate Market in 48162
374
Properties for sale right now
$132,478
Average sale price
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Direct Phone (517) 579-9551
NMLS# 1020357
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The approximate monthly principal & interest payment for this property would be $466.50.

This payment is based on a 30-year loan at a fixed rate of 3.750 % - APR 3.816 % with a down payment of $24,980. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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440 N MONROE ST, Monroe, MI 48162 commercial offered for sale at $124,900.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the MCAR MLS. Real estate listings held by brokerage firms other than Howard Hanna Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers