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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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13202 Monica St , Detroit, MI 48238
$100,000
Est. Payment: $222.22/mo
0 Bed
2 Bath
0 Sqft
Status: Active | Days on site: 3
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375382 - 426431
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House Description

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.

Highlights

Listed by Jay Naim , 313-571-6581 EXP Realty Main , 888-501-7085.

Property Type

Multi-Family

Lot/Acreage
0.09

HOA Fee

Year Built

1926

County

Wayne

School District

Detroit

Listing ID

20261074173

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:2
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$222
Taxes
$310
HOA
$0

Home Price

$100,000

Loan Details

30 yrs
%

Down Payment

20%
$20,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $222.22 $309.58 $0.00 $531.81
Yearly $2,666.67 $3,715.00 $0.00 $6,381.67
Total $80,000.00 $111,450.00 $0.00 $191,450.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.