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$ 114,999
Est. payment /mo
Active
12156 Monica Street Detroit, MI 48204
4 Beds
1 Bath
1,408 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,408 sqft
Price per Sqft $81
MLS Listing ID 20261079461
Bedrooms 4
Full Baths 1
Year Built 1925
Annual Tax Amount $2,899
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35X108
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
WELCOME TO 12156 MONICA ST, A 1,408-SQUARE-FOOT SINGLE-FAMILY HOME OFFERING AN INCOME-PRODUCING INVESTMENT OPPORTUNITY IN DETROIT. FEATURING 4 BEDROOMS AND 1 BATHROOM, THIS PROPERTY HAS RECEIVED MAJOR CAPITAL IMPROVEMENTS, INCLUDING NEW PLUMBING, BRAND-NEW ELECTRICAL, A NEW FURNACE, AND A NEW HOT WATER TANK. THE ROOF IS JUST THREE YEARS OLD, FURTHER ADDING TO THE HOME'S VALUE AND HELPING REDUCE NEAR-TERM CAPITAL EXPENSES. THE PROPERTY IS SECTION 8 RENTED AT $1,624 PER MONTH, WITH A FRESH ONE-YEAR LEASE BEGINNING IN OCTOBER 2026, OFFERING AN ESTABLISHED RENTAL INCOME STREAM FOR THE NEXT OWNER. AN EXCELLENT OPPORTUNITY TO ADD A FOUR-BEDROOM HOME WITH UPDATED MAJOR SYSTEMS TO YOUR INVESTMENT PORTFOLIO. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. NO SELLER FINANCING AVAILABLE.
Location
State MI
County Wayne
Direction Monica & Cortland
Interior
Interior Features Home Warranty
Heating Forced Air
Exterior
View Y/N No
Garage No
Building
Story 2
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I021019S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Realtyflo Inc
NEARBY SCHOOLS & PROPERTIES
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