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16917 Monica St Detroit, MI 48221

For Sale
$365,000

Fully renovated, 5-unit property near Detroit Mercy University.

Lot size:
0.11 Acres

Property Features for 16917 Monica St

General Information

Lot size
0.11 Acres

Building Details

Year built
1929

Source: Munoz Realty Inc Agent Gaston Munoz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Multifamily Property Near University

This multifamily property is located within walking distance of Detroit Mercy University. The building features 5 units, each with 1 bedroom, 1 bathroom, a kitchen, a dining room, and a living room. The property has been fully renovated and is 100% rented, presenting a potential income opportunity. Recent renovations include a new roof, new windows, new gutters, a new electrical system, new plumbing, new furnaces, and new hot water tanks. The units feature kitchens with new cabinets and ceramic tile floors, renovated bathrooms, and new carpeting in the bedrooms. One of the members of the LLC holding title on the property has a Real Estate Broker License in the State of Michigan.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1443272
Latitude
42.4163401

FAQs

What type of property is this?
Apartment building - Fully renovated, 5-unit property near Detroit Mercy University.
Where is this apartment building located?
The property is located at 16917 Monica St Detroit, MI.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: - Prime location within walking distance of Detroit Mercy University.; - Fully renovated with **new roof, windows, gutters, electrical system, plumbing, furnaces, and hot water tanks.**; - Five total units, fully rented, providing immediate income.
More about this property
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