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515 Borgess Ave
Monroe, MI 48162
MLS #5631156

Multi Family
  • 2units
Est. P&I payment: $492.69/mo
515 Borgess Ave, Monroe, MI 48162
Description for 515 Borgess Ave, Monroe, MI 48162
Equity builder for the smart millennial! Let someone else pay your mortgage while you build equity! Large and spacious side by side duplex, live in one half and rent out the other. Well maintained and always rented, a great opportunity. Front porch to sit and relax on, basement in each unit, large walk up attic for more storage in each unit, 2 car garage. This is an excellent opportunity, priced to sell. Taxes do not have the PRE (Principal resident exemption, homestead), taxes will be reduced if owner lives in on unit.
MLS #5631156
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My Notes for MLS #5631156

General Features

  • Type: 1 to 4 Units
  • Est Year Built: 1924
  • Total Above Grade SqFt: 2,158
  • Estimated Acreage: 0.12
  • Total Number of Units: 2

Exterior Features

  • Lot Size: 40x128
  • Exterior: Vinyl

Utility Features

  • Water Selection: No Water Selection
  • Heat/Cool: Gas Water Heater
  • Fuel Type: Natural Gas
  • Water/Sewer: Community/Public Water

Financial Features

  • Sale/Rent: For Sale
  • Summer Tax: 1,650.38
  • Winter Tax: 1,616.53
  • Unit 1 Curr. Mo. Rent: 650
  • Unit 2 Curr. Mo. Rent: 550
  • Taxes Paid By: Owner
  • Terms: Cash,​Conventional,​FHA,​VA

Community Features

  • Area: 100-Other MLS Areas
  • City: Monroe
  • Township: Monroe

School Features

  • School District: Monroe

Miscellaneous Features

  • Manufactured: No


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Directions to 515 Borgess Ave, Monroe, MI 48162
Monroe St. to west on Lorain to north on Borgess.
The listing information for 515 Borgess Ave, Monroe, MI 48162 was graciously provided by our friends at the listing brokerage, Real Estate 4U

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P&I Payment $492.69
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Last Updated 12/18/2017 at 5:14am
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