12797 MONICA Street Detroit, MI ^$ 129,900

12797 MONICA Street

^$ 129,900

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12797 MONICA Street

Detroit, MI, 48238

^$ 129,900

Studio Baths2.0 Sq 2,505

Monthly Estimate*

^$ 863

Studio

Multi-Family Home for sale in Detroit, MI

for $129,900 with 2 full baths. This 2,505 square foot home was built in 1926 on a lot size of 0.09.

**INVESTOR SPECIAL**- Rare opportunity to own a multi-family in one of Detroit's most desired neighborhoods! Currently cash flowing at $1,550/month! Turnkey duplex in the Oakman Blvd community which boasts some of the highest property values on the Northwest side. Bordering the historic neighborhood of Russel Woods! Massive all-brick structure with over 2500 sqft of living space, a huge opportunity to increase cash flow during next tenant cycle! Please do not disturb tenants, schedule a showing today!

Multi-Family Active

Price

^$ 129,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,633

Style

Colonial

Lot Size

0.09

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60295696

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1926

Subdivision ROBERT OAKMANS FORD HWY & GLENDALE (PLATS) MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions E of Oakman S of Davison

City Detroit

School District Detroit City School District

Street Name MONICA

Financial Terms Cash Conventional

Legal Description W MONICA 485 R OAKMANS FORD HWY & GLENDALE SUB L35 P82 PLATS W C R 16/256 36 X 108

DOM 74

Postal Code 48238

Price Per Sq Ft Total 51.86

Coming Soon **INVESTOR SPECIAL**- Rare opportunity to own a multi-family in one of Detroit's most desired neighborhoods! Currently cash flowing at $1

Interior

Basement Block

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.09

Lot Dimensions 36.00 x 108.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Wael Nehme

Listing Agent

U.S. Investor Group

Broker

will@usinvestorgroup.com

Affordability Calculator

$999

Per Month

Monthly Principal & Interest: $863
Monthly Property Taxes: $136
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$225,392

Percent of Sale Price 74%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/22/2024	$129,900		Listed Price

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12797 MONICA Street, Detroit, MI, 48238 is a Multi-Family Home for sale at $129,900 with 2,505 sqft and a lot size of 0.09. 12797 MONICA Street is a studio with 2.0 baths and was built in 1926. The property's zip code is 48238 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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12797 MONICA Street

Multi-Family Home for sale in Detroit, MI

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