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Image 1 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 2 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 3 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 4 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 5 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 6 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 7 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 8 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Image 9 - Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA - House for sale
Home For Sale In Monroe, Michigan
Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA

Home For Sale In Monroe, Michigan

house for sale
Listed: 05/03/24

Partyville Liquor, 1804 South Custer Road, Monroe, MI 48161, USA

6 Bed:
4 Bath:
4,345 Sq Ft Living Area:
Save
Price
$ 339,000

About This House

Multifamily opportunity. If you are looking for some passive income, this is the place for you. There are 3 apartments that are currently rented and under lease. There is also a large office space that has 4 rooms, 1.5 baths, and a lobby. The potential income for the office exceeds $2500/month income. One apartment is a 3br, 1 bath (rents $1350/month), one apartment is a 2 br, 1 bath (rents $1100/month), and the last apartment is a 1 bedroom, 1 bath (rents $650/month). The apartments are currently Section 8 income. This property offers a strong investment potential in a neighborhood that has already seen significant revitalization and is posed for on going growth. The property has a larger parking lot with over 10 parking spaces for tenant and office parking.

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Monroe Housing & Living

Household Income

Median household income: $47,559
Number of households: 7,978
The average household income in Monroe, MI grew from $45,055 to $47,559 in the past year. This data is an estimate based upon 7,978 households in Monroe, MI.
The chart below presents how household income is distributed in Monroe, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Monroe, MI compared to median property taxes around the country. The prevalent amount of property taxes in Monroe, MI equals $2k-$3k , which is less than the national average.