About this home
Add a strong income-producing property to your portfolio with this two-family home, currently generating $4,800 in total monthly rental income. Leased tenants are in place, with the second-floor unit scheduled to be vacant at the end of October, offering added flexibility for an owner-occupant or investor looking to secure a new tenant at market rent. The low-maintenance yard helps keep upkeep simple and costs manageable. Looking to maximize your return? There is potential to explore the addition of a third-floor unit, subject to obtaining the necessary city permits, approvals, and meeting applicable building requirements.Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this property offers current rental income and exciting possibilities for future growth. Don't miss this opportunity to invest in your future!
Listing last checked: Listing updated:
Listed by Nicole Flamand · HB Real Estate, LLC · MLS #73548440
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Details at a glance
Interior5 property facts
- Rooms
- 10
- Heating
- Forced Air, Natural Gas
- Cooling
- Window Unit(s)
- Flooring
- Wood, Tile, Vinyl / VCT
- Basement
- Yes · Full, Interior Entry, Concrete
Building4 property facts
- Style
- Multi Family
- Year built
- 1910
- Foundation
- Concrete Perimeter, Brick/Mortar, Other
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.04 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- B1
Financial2 property facts
- Annual taxes
- $4,525
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $405,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,425 / monthAdjust
- Principal & interest
- $2,048
- Property tax
- $377
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,525. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $441,517
Estimated range $386,412–$496,622.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 10 Monroe St
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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