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12156 Monica Street, Detroit, MI 48204

$114,999
4
BD
1
BA
1,408
SqFt
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List Price
$114,999
Status
ACTIVE
Days on Market
2
MLS#
20261079461
Subtype
Residential
Style
Colonial
Year Built
1925
Bedrooms
4
Bathrooms
1
Full Baths
1
Living Area
1,408
Lot Size
3,920
Acres
0.09
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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.

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Additional Information

Interior Features
Home Warranty
Taxes
$2,899
Property Description
Colonial
Heating
Forced Air
Stories
2
School District
Detroit
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Listing courtesy of Listing Agent: Marta Kopania from Listing Office: Realtyflo Inc.

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