51
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$289,900
Est. payment /mo
1 BA
4,356 Sqft Lot
Active
2741 Monterey Detroit, MI 48206
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UPDATED:
02/21/2025 08:31 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50166728
Originating Board MiRealSource
Year Built 1925
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35 x 121
Property Description
Investor's Dream in Detroit's Thriving Community! Located in a desirable area south of Davison and west of Linwood, this spacious 2-family brick flat at 2741 Monterey Street is a unique investment opportunity you won't want to miss. Each unit offers generous living space and versatile layouts, perfect for rental income or multi-generational living. Each unit are very large and spacious totaling 1525 sq ft each with 3 bedrooms and 1 bath. The basement is divided for tenant privacy. You can rent each one with a section 8 tenant for $1600 a month for a total of $3200 a month incoming stream. That's a total of $38,400 a year. The first-floor unit features a bright living room (16x13), a formal dining room (13x12), a kitchen with an adjoining breakfast nook (10x4), and three spacious bedr
Location
State MI
County Wayne
Area Wayne County - 100
Interior
Heating Forced Air
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by EXP Realty LLC