12156 Monica Street
Detroit, Wayne County
$114,999
4 beds · 1 bath · 1,408 sq ft · House
- Year built
- 1925
- Lot
- 0.09 acres
- Annual taxes
- $2,899
- Garage
- 0 cars
- Days on market
- 42
- MLS number
- 20261079461
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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Listing courtesy of Realtyflo Inc · (313) 466-7253
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