17169 Monica Street

    Detroit, MI 48221
    • $125,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 219024562
    UPDATED: 44 min ago
    $125,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,436
      SQFT
    • $51
      $/SQFT
    Type:
    Multi-Family
    Built:
    1930
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 37.00X111.00

    School Ratings & Info

    School District:

    Description

    *THE BEST INCOME PRODUCING DETROIT MULTIFAMILY PROPERTIES ON THE MARKET*TAKE A LOOK AT 17169 MONICA, THIS BEAUTIFUL LARGE BRICK MULTIFAMILY BUILDINGHAS TWO THREE BEDROOM UNITS BOTH ARE TENANT OCCUPIED AND PRODUCING INCOME.THE FIRST BEST THING ABOUT THIS PROPERTY IS THE INCOME ITS PRODUCING, $1839 PER MTH!!!LOWER UNIT IS A SECTION 8 LEASE FOR $1089. UPPER UNIT IS A CASH LEASE FOR $750.THE SECOND BEST THING ABOUT THIS PROPERTY IS ITS CONDITION, LOWER UNIT HAS BEEN SECTION 8 INSPECTED AND APPROVED FOR THE NEXT YEAR.THE THIRD BEST THING ABOUT THIS PROPERTY IS ITS LOCATION. THIS PROPERTY IS IN THE PRESTIGIOUS BAGLEY COMMUNITY. AND WITHIN WALKING DISTANCE OF MARYGROVE COLLEGE, UNIVERSITY OF DETROIT MERCY, AND THE LIVERNOIS AVENUE OF FASHIONPLEASE CHECK OUT THE TWO OTHER PROPERTIES THAT ARE AVAILABLE FROM THE SAME OWNER MLS#219007861 17551 SANTA ROSA , & MLS#219007854 17145 KENTUCKY OWNERS WILL BE WILLING TO SELL ALL THREE AS A PACKAGE IF INTERESTED

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    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-04-25T22:56:54.637.
    www.homesearchannarbor.com/homes/93000003

    17169 Monica Street Detroit, MI 48221

    • Price: $125,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 219024562
    0
    Beds
    2
    Baths
    0
    ½ Baths
    0.09
    Acres
    2,436
    SQFT
    $51
    $/SQFT
    1930
    Built
    Neighborhood:
    Staffords Inter College ( Plats)
    County:
    Wayne
    Area:
    Det 6-8 Grfld-dequindre
    School District:
    DETROIT
    Property Description
    *THE BEST INCOME PRODUCING DETROIT MULTIFAMILY PROPERTIES ON THE MARKET*TAKE A LOOK AT 17169 MONICA, THIS BEAUTIFUL LARGE BRICK MULTIFAMILY BUILDINGHAS TWO THREE BEDROOM UNITS BOTH ARE TENANT OCCUPIED AND PRODUCING INCOME.THE FIRST BEST THING ABOUT THIS PROPERTY IS THE INCOME ITS PRODUCING, $1839 PER MTH!!!LOWER UNIT IS A SECTION 8 LEASE FOR $1089. UPPER UNIT IS A CASH LEASE FOR $750.THE SECOND BEST THING ABOUT THIS PROPERTY IS ITS CONDITION, LOWER UNIT HAS BEEN SECTION 8 INSPECTED AND APPROVED FOR THE NEXT YEAR.THE THIRD BEST THING ABOUT THIS PROPERTY IS ITS LOCATION. THIS PROPERTY IS IN THE PRESTIGIOUS BAGLEY COMMUNITY. AND WITHIN WALKING DISTANCE OF MARYGROVE COLLEGE, UNIVERSITY OF DETROIT MERCY, AND THE LIVERNOIS AVENUE OF FASHIONPLEASE CHECK OUT THE TWO OTHER PROPERTIES THAT ARE AVAILABLE FROM THE SAME OWNER MLS#219007861 17551 SANTA ROSA , & MLS#219007854 17145 KENTUCKY OWNERS WILL BE WILLING TO SELL ALL THREE AS A PACKAGE IF INTERESTED
    Exterior Features

    Architecture Level 2 Story Architecture Style Upper/Lower Apartment Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 37.00X111.00 Pool YN No Road Frontage Feet 42 Road Frontage Type Pub. Sidewalk Waterfront YN No

    Interior Features

    Basement Type Finished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 4436 Sq Ft Lower Floor 2000 Sq Ft Source Prd Sq Ft Total Basement 2000 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 22068.00 Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 1839 Net Operating Income 17068.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 45 Days Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 1616.0000 Tax Amount Winter 154.0000 Title Private - Owned Total Tax 1770.0000 Transaction Type Sale Unparsed Address 17169 MONICA ST Water Source Water At Street Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Prestige Realty Services Llc and Realcomp, ©2019 Realcomp II Ltd. Shareholders.


    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-04-25T22:56:54.637.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104