2741 Monterey Street

Detroit, Michigan 48206

  • 0 Bed(s)
  • 1 Bath(s)
  • 2,700 Sqft
  • 0.1
    Acre(Lot)
$289,900

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 bedrooms (13x9, 11x10, 12x10). upstairs, the second unit mirrors this layout with a slightly larger living room (18x12), providing ample room for comfort and flexibility. set on a 35x120 lot, this property boasts a solid brick exterior with classic detroit architectural charm. this property is one block away from dexter where major developments are in motion like the dexter streetscape, dexter elmhurst community center (n.k.a., helen moore community center) renovation and new park, park & open space improvements (since 2021 to date- zussman, russell woods, nardin park, dexter tree planting), façade improvement projects, dexter mural program and the dexter pop up. ask for the pdf doc of dexter ave investments. located near major roads, local schools, and minutes from the city's key attractions, 2741 monterey street is a promising investment for any investor looking to capitalize on detroit's growing rental market. "this property has cameras inside and outside the premises"

  • Property Type

    Multifamily

  • Subdivision

    Linwood Heights Sub

  • County

    Wayne

  • Style

    Multifamily

  • AD ID

    48635660

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Property Details

  • Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Heating & Cooling

    • Heating: Forced Air,Separate Meters
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1925
    • Building Stories: 2 Story
    • Total Units: 2
    • Foundation/Basement: Basement

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.10
    • Dimensions: 35 x 121

    Property Information

    • SQ ft: 2700
    • Subdivision: Linwood Heights Sub
    • Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    • Original List Price: $289,900

    Listing Information

    • Possession: At Close
    • Legal Description: S MONTEREY 272 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 10/126 35 X 120.50

  • Tax Information

    • Parcel Number: W10I003416S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S MONTEREY 272 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 10/126 35 X 120.50

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 02/22/2025 @ 14:53

  • MLS: 623215137
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 2,700 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Detroit , in zip code 48206, this Wayne County Multifamily , it is in the Linwood Heights Sub Subdivision, and are nearby neighborhoods.