17169 Monica Street
Detroit, MI 48221

Description

*THE BEST INCOME PRODUCING DETROIT MULTIFAMILY PROPERTIES ON THE MARKET* TAKE A LOOK AT 17169 MONICA, THIS BEAUTIFUL LARGE BRICK MULTIFAMILY BUILDING HAS 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 FASHION PLEASE 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

Details

MLS#219024562
Sub-TypeResale
StatusActive
Year1930
Days On Site25

Features

SQ Feet2,436
Units2
Building(s)1

Market Activity 48221

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48221
AreaDet 6-8 Grfld-Dequindre
Listing VS Median (in 48221)
Price:
$125,000
low | high
Med:
$89,900
78.08% of Average
SqFt:
2,436
low | high
Med:
1,145
100% of Average
$ / SqFt:
$51
low | high
Med:
$79
3.010585152839% of Average
On Site:
25
low | high
Med:
99
25.252525252525% of Average
Listing Updated: 04/19/2019
MLS Number: 219024562
Listing Provided By:
Arnita M Parham  of  Prestige Realty Services LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for 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, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.