50 Virginia, Monroe, MI
Multi-family for Sale - $650,000 - 16,800 Sq. Ft. on 0.6 acres
Property Info
CIMLS# | 1038504 |
Location 50 Virginia Monroe MI 48162 | |
Updated | February 27th, 2019 |
Type | Multi-family |
Price | $650,000 |
Building | 16,800 Sq. Ft. |
Land | 0.6 acres |
Property Description
Well kept multi-family investment property. Fully Occupied. priced at 10% capitalization rate. 16 units. 6 are one bedroom and 10 are 2 bedroom units. 3 Buildings. Each building has coin laundry. Tenant pays electric. Boiler heat. 11 space carport. Located near the River Raisin. Minutes from the Downtown Business District.