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16914 Monica St Detroit, MI 48221

For Sale
$365,000

Renovated 5-unit property near Detroit Mercy University, fully rented.

Lot size:
0.11 Acres

Property Features for 16914 Monica St

General Information

Lot size
0.11 Acres

Building Details

Year built
1930

Source: Munoz Realty Inc Agent Gaston Munoz

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


Overview

Detroit Multifamily Property Near University

This multifamily property is located within walking distance of Detroit Mercy University. The building contains five units, each featuring one bedroom, one bathroom, a kitchen, a dining room, and a living room. The property has been fully renovated and is currently 100% rented. Renovations include a new roof, new windows, new gutters, a new electrical system, new plumbing, new furnaces, and new hot water tanks. The kitchens feature new cabinets and ceramic tile floors. The bathrooms have been totally renovated, and new carpet has been installed in every bedroom. The property is intended to be a money-making investment.
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
-83.1437409
Latitude
42.4163444

FAQs

What type of property is this?
Apartment building - Renovated 5-unit property near Detroit Mercy University, fully rented.
Where is this apartment building located?
The property is located at 16914 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: - Fully renovated 5-unit building with immediate rental income.; - Prime location within walking distance of Detroit Mercy University.; - Comprehensive renovations including new roof, windows, gutters, electrical system, plumbing, furnaces, and hot water tanks.
More about this property
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