13202 Monica Street, Detroit, Michigan 48238
$100,000
Property Details
- MLS#: 20261074173
- Bedrooms: N/A
- Bathrooms: 2
- Square Feet: 2,190
- Price per Sqft: $46
- Lot Size: N/A
- Year Built: 1926
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 2
Tax and Assessment Information
Assessment evidence unavailable.
Description
Excellent investment or owner-occupant opportunity at 13202 Monica, a solid brick two-unit property offering immediate income with additional rental upside. The lower unit is currently leased at $1,350/month, while the upper unit has a conservative projected rent of approximately $1,150/month, providing an estimated NOI of approximately $25,000 annually based on current and projected rents and estimated operating expenses. Each unit features 2 bedrooms and 1 full bathroom with separate upper and lower living spaces, offering flexibility for both investors and owner-occupants. Continue operating the property as a full investment, or occupy the upper unit while collecting income from the lower unit to help offset housing costs. The property also features a newer roof, full basement, and 2-car garage. Conveniently located near Livernois and Davison with access to major roads, shopping, dining, and surrounding Detroit amenities. With existing rental income, additional income potential, and the flexibility to invest or owner-occupy, 13202 Monica presents a strong opportunity for its next owner. Schedule your private showing today. Please do not disturb the lower-unit tenant. Lower unit is not available for showings and will be shown only to parties with an accepted offer. BATVAI.
Location
This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 13202 Monica Street?
13202 Monica Street is listed at $100,000, or $46 per square foot.
How many bedrooms does 13202 Monica Street have?
This property has N/A bedrooms and 2 bathrooms, with 2,190 square feet of living space.
Schedule a Showing
Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.
Phone: (313) 484-4696
Email: [email protected]
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