1636 Peters ST, Monroe, MI 48161
Local realty services provided by:ERA Prime Real Estate Group
1636 Peters ST,Monroe, MI 48161
$116,000
- 2 Beds
- 2 Baths
- 1,092 sq. ft.
- Multi-family
- Active
Listed by: deborah lambrix
Office: real estate one monroe
MLS#:57050223639
Source:MI_REALCOMP
Price summary
- Price:$116,000
- Price per sq. ft.:$106.23
About this home
Great Investment Opportunity in Monroe! This duplex offers an excellent opportunity for investors or owner-occupants looking to offset their housing costs with rental income. Both units are currently occupied, providing immediate income potential. One tenant has been in the property for an impressive 14 years and has a signed lease, while the second unit is currently month-to-month, offering flexibility for an investor or buyer who may want to make future changes to the tenancy. The property has been thoughtfully updated over the years, including furnaces approximately 6 and 12 years old, hot water heaters approximately 6 and 8 years old, updated flooring, newer windows approximately 8 years old, and new exterior doors. One side also features a beautifully remodeled full kitchen. Whether you're looking to rent both units and build your investment portfolio or live in one unit while renting the other to help offset your mortgage, this duplex offers versatility and opportunity. With long-term rental history, numerous updates, and a convenient Monroe location, this is a great opportunity to add an income-producing property to your portfolio or make owner-occupied living more affordable. Two units. Multiple possibilities. One great investment!...
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Home facts
- Year built:1942
- Subdivision & Development:CONSOLIDATED LAND CO INC 1
- Listing ID #:57050223639
- Added:3 day(s) ago
- Updated:October 05, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,092 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas, Separate Meters
Structure and exterior
- Year built:1942
- Building area:1,092 sq. ft.
- Lot area:0.12 Acres
- Foundation Description:Crawl Space
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$116,000
- Price per sq. ft.:$106.23
- Tax amount:$1,039
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