12156 Monica St, Detroit, MI 48204

$114,999
4
BD
1
BA
1,408
SqFt
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List Price
$114,999
MLS#
20261079461
Status
ACTIVE
Bedrooms
4
Bathrooms
1
Total Square Footage
1,408
Subdivision
ROBERT OAKMANS CORTLAND & FORD HWY
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Property Description

WELCOME TO 12156 MONICA ST, A 1,408-SQUARE-FOOT SINGLE-FAMILY HOME OFFERING AN INCOME-PRODUCING INVESTMENT OPPORTUNITY IN DETROIT. FEATURING 4 BEDROOMS AND 1 BATHROOM, THIS PROPERTY HAS RECEIVED MAJOR CAPITAL IMPROVEMENTS, INCLUDING NEW PLUMBING, BRAND-NEW ELECTRICAL, A NEW FURNACE, AND A NEW HOT WATER TANK. THE ROOF IS JUST THREE YEARS OLD, FURTHER ADDING TO THE HOME’S VALUE AND HELPING REDUCE NEAR-TERM CAPITAL EXPENSES. THE PROPERTY IS SECTION 8 RENTED AT $1,624 PER MONTH, WITH A FRESH ONE-YEAR LEASE BEGINNING IN OCTOBER 2026, OFFERING AN ESTABLISHED RENTAL INCOME STREAM FOR THE NEXT OWNER. AN EXCELLENT OPPORTUNITY TO ADD A FOUR-BEDROOM HOME WITH UPDATED MAJOR SYSTEMS TO YOUR INVESTMENT PORTFOLIO. NO SHOWINGS WITHOUT AN ACCEPTED FULL-PRICE OFFER. NO SELLER FINANCING AVAILABLE.

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Additional Information

Year Built
1925
Basement Type
Unfinished
Foundation
Basement, Block
Acres
0.09
Style
Colonial
Acres
0.09
School District
Detroit
Heating
Forced Air, Natural Gas
Garage Description
None
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IDX provided courtesy of Realcomp II Ltd., via Prime Realty I and . Copyright 2026 Realcomp II Ltd. Shareholders. 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 not guaranteed accurate by the MLS.