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  • MLS# 57031375935
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248-304-6700

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248-208-3883

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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.

Property Information

Status
Active 
Address
2020 N Monroe 
City
Monroe 
Zip
48162 
Year Built
1965 
Listing Date
04/10/2019 
County
Monroe 
Above Grade SqFt
1,903 
Price/SqFt
65.69 

School Information

School District
Monroe 

Taxes

Summer Taxes
$526 
Winter Taxes
$1,725 

Features

Current Use
Barber/Beauty 
Water
Public (Municipal) 
Sub Property Type
Commercial 
Heating
Central Air, Forced Air, Natural Gas 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
57031375935 Oct 25 2023 3:05PM $125,000 $169,900 1778
57031375935 Feb 2 2023 3:05PM $169,900 $179,900 1778
57031375935 Aug 25 2022 7:05PM $179,900 $185,000 1778
57031375935 Aug 8 2022 9:14AM $185,000 $199,000 1778
57031375935 Jul 20 2022 12:51PM $199,000 $225,000 1778
57031375935 Feb 8 2021 2:49PM $225,000 $285,000 1778
57031375935 Active Apr 10 2019 3:08PM $285,000 1778
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Coldwell Banker Haynes R.e. - Monroe
(734) 242-8484
Office Address 15489 S. Telegraph Rd.

2020 N Monroe Monroe
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$125,000
For Sale • Acres: 0.19 • Zoning: