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Price: $125,000 17169 Monica St, Detroit MI 48221 MLS® #: 219024562

  • 2 Bath
  • 4,436 SqFt
  • $28.18 / SqFt
  • Year Built: 1930

Description of 17169 Monica St, Detroit

*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

About this Property

This $125,000 property has approximately 4,436 square feet and was built in 1930. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $33/SqFt. Houses with similar square footage range in price from $49,900 to $125,000 and have an average price per square foot of $25/SqFt. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district.

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Stats for Zipcode 48221 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$174,581.26 $63.98 $46.36 177.75% 223

Essential Information

Lot Information

Additional Information

  • ZoningMulti-Family
  • ZoningMulti-Family

Community Information

Interior

  • HeatingForced Air
  • FoundationBasement

Square Footage

  • Above Ground Finished4,436
  • Total Finished4436

Subdivision

STAFFORDS INTER COLLEGE ( PLATS)

Exterior

  • ExteriorBrick

School Information

Listing Details

IDX provided courtesy of Realcomp II Ltd., via eXp Realty and REALCOMP, ©2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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