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$100,000
2 Baths ⋅ 20261074173 MLS ⋅ ACTIVE Status
Excellent investment or owner-occupant opportunity at 13202 Monica, a solid brick two-unit property offering immediate income with additional rental upside. The lower unit is currently leased at $1,350/month, while the upper unit has a conservative projected rent of approximately $1,150/month, providing an estimated NOI of approximately $25,000 annually based on current and projected rents and estimated operating expenses. Each unit features 2 bedrooms and 1 full bathroom with separate upper and lower living spaces, offering flexibility for both investors and owner-occupants. Continue operating the property as a full investment, or occupy the upper unit while collecting income from the lower unit to help offset housing costs. The property also features a newer roof, full basement, and 2-car garage. Conveniently located near Livernois and Davison with access to major roads, shopping, dining, and surrounding Detroit amenities. With existing rental income, additional income potential, and the flexibility to invest or owner-occupy, 13202 Monica presents a strong opportunity for its next owner. Schedule your private showing today. Please do not disturb the lower-unit tenant. Lower unit is not available for showings and will be shown only to parties with an accepted offer. BATVAI.

13202 Monica St, Detroit

Courtesy of EXP Realty Main 8885017085
$90,000
4 Baths ⋅ 20261048285 MLS ⋅ ACTIVE Status
Excellent investment opportunity in a central Detroit location. This two-unit property is just minutes from downtown and conveniently located near three major freeways, public transportation, the library, grocery stores, stadiums, and many other local attractions. Each unit features three bedrooms, one full bathroom, a living room, dining room, and kitchen, offering spacious layouts with great potential. The property also includes a full common basement and a large third floor that offers the opportunity for additional living space or future expansion. Many improvements have already been started, including a newer roof, new Pella windows, updated electrical with separate meters and boxes, newer ductwork, and PEX plumbing. Some recessed lighting has also been installed, and the property features a beautiful oversized staircase in the main entry. Much of the demo work has already been completed, making this a great opportunity for an investor or owner-occupant to finish the project and add their own vision. Buyer/Buyer’s agent to verify all information. Contact your agent today for showing details.

12604 Stoepel St, Detroit

Courtesy of S&P Realty 7343337219