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.
Listed By
Agency Name: EXP Realty Main
Agency Phone: 8885017085
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimated Payment
$ 898.12 per month $559.37 Principal & Interest $309.58 Property Tax $29.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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13202 Monica Street | MLS# 20261074173
This multi-family property located at 13202 Monica Street, Detroit, Mi 48238 is currently listed for sale with an asking price of $100,000. Monica Street is located within the Detroit school district. Search Detroit real estate on www.hardingrealestateteam.com today.