Frenchtown Twp, MI 48162,2020 N Monroe

$75,000

$75,000

Est.Price: ?

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Est. payment /mo

1,903 SqFt


SOLD DATE : 06/05/2024

Key Details

Sold Price $75,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 1,903 sqft

Price per Sqft $39

MLS Listing ID 57031375935

Sold Date 06/05/24

Originating Board Southeastern Border Association of REALTORS®

Year Built 1965

Annual Tax Amount $2,251

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 50 x 168

Property Description

Lucrative Investment Opportunity! This income property boasts a thriving barber shop and salon, strategically positioned in a high-traffic location. The property is fully leased and turnkey, making it an effortless addition to your investment portfolio. Operating five days a week, it features nine booths, seven of which are consistently rented year-round, ensuring a steady stream of rental income. Additionally, there's a massage room and all necessary equipment is included, making it a seamless transition for the new owner. The current owner is ready to retire, providing you with a golden opportunity to not only generate rental income but also supplement your overall financial portfolio by owning this piece of real estate. Don't miss your chance to capitalize on this profitable venture. Tenants on month to month lease.

Location

State MI

County Monroe

Area Frenchtown Twp

Interior

Hot Water Natural Gas

Heating Forced Air, Central Air

Heat Source Natural Gas

Exterior

Roof Type Shingle

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick,Vinyl

Schools

School District Monroe

Others

Tax ID 0735304900

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Tom Fritz of Coldwell Banker Haynes R.E. - Monroe
Bought with Coldwell Banker Haynes R.E. - Monroe
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