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$ 330,000
Est. payment /mo
Pending
3235 Monterey Street Detroit, MI 48206
4 Baths
3,538 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 3,538 sqft
Price per Sqft $93
Subdivision Mi
MLS Listing ID 60975397
Style 2 Story
Full Baths 3
Half Baths 1
Year Built 1924
Annual Tax Amount $4,403
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 52.5X120.5
Property Sub-Type Multi-Family
Property Description
Turnkey investment opportunity located in the highly sought-after Boston-Edison Historic District. This newly renovated property is fully leased and generating $4,200 per month in rental income, making it an excellent addition to any investor's portfolio. The property has been thoughtfully updated throughout, offering modern improvements while complementing the character of the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions. Nearby amenities include the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With stable income already in place and a prime location in one of Detroit's most notable historic districts, this property presents a compelling opportunity for investors seeking both cash flow and long-term appreciation.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by NATOD Management
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