$300,000
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2741 MONTEREY Detroit, MI 48206
Multi-Family
Residence
Beds
2
Baths
...
Bed/Bath
2,700
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Investorâ��s Dream in Detroitâ��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 wonâ��t want to miss. Each unit offers generous living space and ver...satile 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), Fa�§ade 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 cityâ��s key attractions, 2741 Monterey Street is a promising investment for any investor looking to capitalize on Detroitâ��s growing rental market. "This property has cameras inside and outside the premises"
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60350156
Property Type
Multi-Family
Bathrooms
2 Full
Year Built
1925
Square Feet
2,700
sq. ft
Lot Size
0.1
Stories
2.0
Sewer
Public Sewer
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