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112 W Front

$399,900

112 W Front, Monroe, MI 48161

Active
Last Updated: 03/04/2025

6,790 sqft

Building Size

0.09 acres

Lot Area

Details:
Building Size:    6,790 sqft
Lot Area:    0.09 acres
Zoning:    CBD
MlsNumber:    50167206
Highlights:
  • Lot Dimension: 43 x 91
  • Annual Tax: $ 9310.0
  • Cooling: Central A/C
  • Heating Fuel Type: Gas
  • Lot Size: Under 1/2 Acre
  • Sewer: City
  • Water: City Water
Description:

Check out this awesome investment property! It’s located right on the riverfront, in a vibrant downtown area. It’s a mixed-use property with three office suites and three cozy one-bedroom apartments. There’s even a large garage and a spacious basement. The property was renovated back in 1995, so it’s got a great mix of old and new charm. It has a new roof and new A/C units. This property is very well kept. The gross rents are a whopping $56,000, and the net operating income is $37,000. Plus, it’s super convenient - it’s right next to a park, the River Raisin, and a bakery shop. What more could you want?

Map:
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