515 BORGESS AVE
Monroe, MI 48162

$129,000
Est. Mortgage: $482/mo
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Active
  • 2,158
    sq.ft.
Duplex

Equity builder for the smart millennial! Let someone else pay your mortgage while you build equity! Large and spacious side by side duplex, live in one half and rent out the other. Well maintained and always rented, a great opportunity. Front porch to sit and relax on, basement in each unit, large walk up attic for more storage in each unit, 2 car garage. This is an excellent opportunity, priced to sell. Taxes do not have the PRE (Principal resident exemption, homestead), taxes will be reduced if owner lives in on unit.

Property Details
  • Monroe
    school district
  • 1924
    built
  • 3450540
    MLS#
Central air
Forced air heat
Elementary school: OTHER
High school: OTHER
School district: MONROE
Parking spaces: 2
Lot acreage is: 0.12
Lot size: 40x128
Lot zoned: R-1C
Asphalt driveway
Public water
Units in building(s): 2
Square footage unit #1: 1079
Square footage unit #2: 1079
Bedrooms in unit #1: 2
Bedrooms in unit #2: 2
Baths in unit #1: 2
Baths in unit #2: 2
Courtesy of:
Real Estate 4U
Durocher, Julie

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Name Type GreatSchools
Rating
Distance
Monroe High School High School / Public 5 2.21 mi.
St Mary School * Pre-School, Elementary School, Middle School / Private N/A 0.46 mi.
St Michael School * Pre-School, Elementary School, Middle School / Private N/A 0.69 mi.
Arborwood Elementary School * Elementary School / Public 5 0.75 mi.
Riverside Learning Center * Elementary School, Middle School, High School / Public N/A 0.66 mi.
St. Mary Catholic Central High School * High School / Private N/A 0.45 mi.
Address Distance Sale date Sale price
465 ST MARYS AVE 0.12 mi. 1/23/2015 $117,400
102 W VINE 0.26 mi. 11/10/2017 $113,000
222 W WILLOW ST 0.31 mi. 6/8/2017 $85,000
315 N TREMONT 0.38 mi. 2/8/2016 $115,000
33 E WILLOW ST 0.38 mi. 5/18/2017 $126,000
318 W ELM AVENUE 0.45 mi. 1/23/2017 $85,000
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{"markerType": "Sold", "lat": "41.91961", "lng": "-83.39416", "Address": "33 E WILLOW ST", "City": "Monroe", "StateProv": "MI", "ZipCode": "48161"}
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Monroe Real Estate Market in 48162
372
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$132,597
Average sale price
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Mortgage information provided by:
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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 $481.81.

This payment is based on a 30-year loan at a fixed rate of 3.750 % - APR 3.816 % with a down payment of $25,800. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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515 BORGESS Avenue, Monroe, MI 48162 duplex offered for sale at $129,000.
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
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.