Large up/down duplex with spacious apartments. Main floor is a 2 bed, upper is a 1 bed. Upper unit bathroom has been redone and kitchen is in good condition. Main floor unit overall is in good condition and has a large screened porch. Upper unit has forced air main floor has hot water heat. Good cash flow $1350 monthly. Tenants pay gas and electric, owner pays water. Main floor unit is vacant upper is occupied. Cash or Conventional financing Only****
Berkshire Hathaway Home Service Kee RealtyLicense #MCAR-6502110924Listed on: 04/09/2019
Property Details
Home Type
Multi-Family
Year Built
Built in 1913
Lot Details
8,712 Sq Ft Lot
Lot Dimensions are 70x157
Corner Lot
Parking
2 Car Detached Garage
Home Design
Victorian Architecture
Interior Spaces
2-Story Property
Basement
Michigan Basement
Oven or Range
Bedrooms and Bathrooms
3 Bedrooms
2 Full Bathrooms
Outdoor Features
Balcony
Utilities
Forced Air Heating System
Hot Water Heating System
Separate Meters
Gas Water Heater
Community Details
2 Units
Net Operating Income $13,000
Listing and Financial Details
Assessor Parcel Number 55-29-00404-007
Property Details
Home Type
Multi-Family
Year Built
Built in 1913
Lot Details
0
Listing Details
Originating MLS: Southeastern Border Association of REALTORS
Class: MULTIFAMILY
Type: 1 To 4 Units
Type Of Property: Multi-Family
Structure Style: 2 Story
Styles: Victorian
Flood Insurance: Not Required
Year Built: 1913
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Appliances: Range/Oven, Refrigerator
Basement: Yes
Basement Type: MI Basement
Bedrooms: 3
Full Bathrooms: 2
Total Bathrooms: 2
Source of Sq Ft: Public Records
Estimated Sq Ft: 2706
Exterior Features
Construction: Aluminum
Exterior Features: Exterior Balcony
Frontage: 70
Foundation Type: Basement
Roads: City/County
Garage/Parking
Garage Type: Detached Garage
Garage Spaces: 2
Parking: 2 Spaces
Utilities
Water: Public Water
Water Heater: Electric, Gas
Fuel Type: Natural Gas
Heating System: Forced Air, Hot Water
Separate Electric: Yes
Separate Gas: Yes
Separate Heat: Yes
Sewer/Septic System: Public Sanitary
Schools
High School: Monroe
Lot Info
Assessor Parcel Number: 55-29-00404-007
Location: Corner Lot
Lot Dimensions: 70x157
Acreage: 0.2
Lot Description: Sidewalks
Zoning: Multi-Family
Geo Subdivision: MI
Rental Info
Landlord Pays: Water/Sewer
Lease Information: Long Term, Month-To-Month, Water Included
Total Expenses: 3200
Tax Info
Summer Tax: Year: 2018, Amount: $898.34
Winter Tax: Year: 2018, Amount: $890.32
Total Tax: Year: 2018, Amount: $1,788.66
SEV Year: 2018
Multi Family
Total Units: 2
MLS Schools
School District: Monroe Public Schools
Ownership History
DateNameOwned ForOwner Type
Mar 2021 - PresentHaynes Straub Holdings Llc4 Years and 2 Months
Company
Purchase Details
Closed on
Mar 18, 2021
Sold by
Haynes Thomas
Bought by
Haynes Straub Holdings Llc
Total Days on Market
587
Current Estimated Value
$167,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,800
Outstanding Balance
$432,998
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$279,665
Dec 2020 - Mar 2021Haynes Thomas3 Months
Private Individual
Purchase Details
Listed on
Apr 9, 2019
Closed on
Dec 4, 2020
Sold by
Spicer Elaine M and Monroe Bank & Trust
Bought by
Haynes Thomas
Seller's Agent
Steve Hudkins
Berkshire Hathaway Home Service Kee Realty
Buyer's Agent
Thomas Haynes
Key Realty One LLC in Monroe
List Price
$83,000
Sold Price
$65,000
Premium/Discount to List
-$18,000
-21.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.11%
Mar 1998 - Dec 2020Spicer Richard22 Years and 9 Months
Private Individual
Purchase Details
Closed on
Mar 20, 1998
Sold by
Mayes Melissa
Bought by
Spicer Richard
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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This super clean, well-kept 2-unit duplex is a rare find! Each unit features 1 bedroom, 1 bathroom, and its own in-unit washer & dryer for convenience. The seller-built property has been meticulously maintained, with fresh paint throughout. Separate utilities ensure ease of management, and the included garage and shed provide extra storage. Located in a prime spot close to shopping, this duplex
Pamela SwierczBerkshire Hathaway HomeServices Kee Realty Brown
Brand new kitchen cabinets and counter tops in both units. Fresh paint throughout home. New carpet in bedrooms and living rooms. Updated flooring in both kitchen areas. Low maintenance yardwork, lot size is 40 x 50. Close distance to park and River Raisin. This home comes with options. Main level has kitchen, full bath and three bedrooms. Large basement. Upper level has kitchen, full bathroom and
James DuffyBerkshire Hathaway Home Service Kee Realty
Location, Location, Location. Two Family Home in nice quiet neighborhood. Kitchens have Refrigerators and Stoves Included. Washer and Dryer in Basement stay. Hot Water Heater 2022, New Sewerline 2-3 Years old. Roof on House 2015, 2 Separate Furnaces, and 2 Electric Meters. 1st Floor Freshly Painted. Family Room listed on 1st floor is a sitting Room with Lots of Windows. All original Woodwork.
Rare investment find in Monroe. Turnkey Duplex (one 3 bdr/1 bath, one 3bdr/2 bath) in Monroe. This place has been fully updated with new leases. Total $1950 rent roll. Has a property manager or manage yourself.
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 528 Smith St, Monroe, MI 48161 since 09 April 2019 and is currently estimated at $167,000, approximately $61 per square foot. This property was built in 1913. 528 Smith St is a home located in Monroe County with nearby schools including Monroe High School, St Mary's Catholic Elementary School, and St John Elementary School.
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