This property has the potential to be used as a multifamily with a 2 bedroom 1 bath upper unit and a 2 bedroom 1 bath lower unit or it could be redone as a 4 bedroom 2 bathroom residential property. The possibilities are endless with property, this is an investor/handyman special.
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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.