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$250,000

Est. payment - /mo

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2 Beds

2 Baths

2,700 SqFt

New

2741 MONTEREY Street Detroit, MI 48206

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Troy Kelley

troykelley@epique.me +1(734) 846-7995

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $92

Subdivision Linwood Heights Sub (Plats)

MLS Listing ID 20251022048

Style Colonial

Bedrooms 2

Full Baths 2

Year Built 1925

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 35.00 x 121.00

Property Sub-Type Colonial

Source Realcomp II Ltd

Property Description

Both units are currently tenant-occupied, with tenants paying $1,400 per unit. 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. 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), FaÃƒ §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 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"

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Direction S of Davison / W of Linwood

Rooms

Basement Finished

Interior

Hot Water Natural Gas

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W10I003416S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional, FHA, VA

Rebuilt Year 2024

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Listed by Sotero M Lopez II of EXP Realty Main

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Troy Kelley

Agent | License ID: 6501412254

+1(734) 846-7995

2741 MONTEREY Street Detroit, MI 48206

Troy Kelley

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2741 MONTEREY Street