12156 Monica Street, Detroit, Michigan 48204

$114,999

Property Details

  • MLS#: 20261079461
  • Bedrooms: 4
  • Bathrooms: 1
  • Square Feet: 1,408
  • Price per Sqft: $82
  • Lot Size: N/A
  • Year Built: 1925
  • Property Type: Residential
  • Transaction: For Sale
  • Listing Status: Active

Tax and Assessment Information

Tax and assessment information is unavailable.

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

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 12156 Monica Street?

12156 Monica Street is listed at $114,999, or $82 per square foot.

How many bedrooms does 12156 Monica Street have?

This property has 4 bedrooms and 1 bathrooms, with 1,408 square feet of living space.

Ask about this property

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Phone: (313) 484-4696

Email: info@sonicrealty.com

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