16811 Monica Street Detroit, MI ^$ 67,000

16811 Monica Street

^$ 67,000

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16811 Monica Street

Detroit, MI, 48221

^$ 67,000

Studio Baths0.0

Monthly Estimate*

^$ 401

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Studio

Multi-Family Home for sale in Detroit, MI

for $67,000. This home was built in 1956 on a lot size of 0.15.

Here she is! A solid 2-unit property in the up-and-coming 48221 Detroit neighborhood right around the corner from University of Detroit! With the University and Bagley districts within walking distance, this property has the potential to be a virtual steal and just getting her cleaned out will increase the value some. There are 3 bedrooms, a bathroom and kitchen on the 1st floor. A separate outside door leads to the upstairs unit where there are 2 bedrooms with closets and another room that can be used as a bedroom without a closet. The kitchen and bathroom are separate from the other unit. The buyer is to pay a $995 transaction fee to Downtown Realty.

Multi-Family Pending

Price

^$ 67,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 97

Style

Lot Size

0.15

Year Built

1956

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70419735

Features

General

Heating Forced Air

Possession At Close

Garage Additional Garage(s)

Water Public Water

Status Pending Pending

Year Built 1956

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

HOA Fee Includes Electric Included Heating Trash Removal Water

Area Detroit (82001)

Primary City Detroit

Directions Cross Streets are W 6 McNichols (aka 6 Mile Rd) and Livernois. Property is south of W 6 Mile and west of Livernois.

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description W MONICA 57&58 EDISON HEIGHTS SUB L34 P70 PLATS W C R 16/299 60 X 111

DOM 62

Postal Code 48221

Coming Soon

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Electric Natural Gas

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.15

Lot Dimensions 60 x 111

Roads City/County

Waterfront Y/N No

* Excluded Features

List By

Jeremi Washington

Listing Agent

Realtyflo Inc

Broker

jeremi.washington@gmail.com

Affordability Calculator

$409

Per Month

Monthly Principal & Interest: $401
Monthly Property Taxes: $8
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$225,767

Percent of Sale Price 237%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/19/2024	$67,000		Listed Price

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16811 Monica Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $67,000 with a lot size of 0.15. 16811 Monica Street is a studio with 0.0 baths and was built in 1956. The property's zip code is 48221 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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16811 Monica Street

Multi-Family Home for sale in Detroit, MI

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