Listing Courtesy of: Sotero Lopez II - EXP Realty LLC 888-501-7085
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2741 MONTEREY Detroit, MI 48206

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Multi-Family Residence
Beds
2 Baths
2,700 Sq. Ft.
0.1 Acre Lot
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Last updated on 11/8/2024 6:43 AM

Listing Details

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" Continue reading
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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Listing Courtesy of: Sotero Lopez II - EXP Realty LLC 888-501-7085
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last refreshed on 11/8/2024 6:43 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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