
Courtesy of: Jessica L. Baeten, Shorewest, Realtors, jbaeten@shorewest.com
$305,000
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Lot: 0.16 Acres
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Other
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$305,000
1522 MONROE Street Income-producing multifamily/commercial investment opportunity in Two Rivers! Located on a corner lot along the West Twin River, this property offers excellent visibility, river views, and strong potential for investors or owner-occupants. Features include 1800 sqft of commercial/retail space & office area. Ample parking and two upper apartments: a 2BR/1BA and 1BR/1BA, both with in-unit laundry. Commercial space rents for $1, 000/month with a 1-year lease. Residential units include Unit A (2BR) at $650/month and Unit B (1BR) at $785/month. Updates include electrical, plumbing, gas lines, and 1BR renovations. Offering an 8% cap rate with strong cash flow potential. Close to shopping, restaurants, marinas, parks, and Lake Michigan beaches.
Courtesy of: Jessica L. Baeten, Shorewest, Realtors, jbaeten@shorewest.com
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