MLS # 57031375935, Listed by Coldwell Banker Haynes R.E. - Monroe|(734) 242-84842020 N Monroe is a $125,000, 1,903 square foot home on a 0.19 acre lot located in Frenchtown Twp, MI.
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.
| Above Grade Sqft | 1,903 |
| Appliances | Water Heater Fuel (Commercial) - Natural Gas |
| Heating Types | Central Air Forced Air Gas |
| Exterior Features | Other Transaction Type (Commercial) - Sale Road Frontage Type (Commercial) - Paved Inventory (Commercial) - Inventory Included - Yes |
| Construction Types | Brick Vinyl Slab |
| Land Type | Settlement - Township |
| Property Type | Family-Less Than 1/2 Acre |
| Property Sub Type | Commercial Type - Business And Real Estate |
| Year Built | 1965 |
| Association Fee | $0.00 |
| Taxes | $2,251.00 |
| County | monroe |
| School District | monroe |
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