2020 N Monroe
Monroe, MI 48162
0.19 acres | #G31375935
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 prime piece of real estate. Don't miss your chance to capitalize on this profitable venture.
Property Details
- Acres0.19
Construction Details
- Property TypePurchase
Condition
- Year Built1965
Material information
- FoundationSlab
Community and Neighborhood Details
- CountyMonroe
Financial Details
- Original List Price$285,000
- Days on Market (Cumulative)1691
- Buying Agency Compensation2.5%
Other
- MLS #G31375935
-
- Garage Spaces0
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: AAABOR
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.