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3235 Monterey Street

Detroit, MI 48206
Square Ft.
3,538
Active
Multifamily
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$330,000
Turnkey investment opportunity located in the highly sought-after Boston-Edison Historic District. This newly renovated property is fully leased and generating $4,200 per month in rental income, making it an excellent addition to any investor's portfolio. The property has been thoughtfully updated throughout, offering modern improvements while complementing the character of… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of NATOD Management, (248) 609-7108
Listing Snapshot
Days Online
24
Last Updated
Property Type
Multifamily
Square Ft.
3,538
Lot Size
0.14 Acres
Year Built
1924
MLS Number
20261015773
30 Days Snapshot Of 48206
$101k
-18%
(avg) sold price
18
+28%
homes sold
93
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
4 total units, 4 leased units, 4 two-bedroom units, Built in 1924, Architectural style: Quadruplex, Brick, 3,538 total square feet, 3,538 combined square feet, 1,769 total basement square feet, Unit count: 4
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.14, Lot size dimensions: 52.5X120.5
Miscellaneous
Gross scheduled income: $50,400, Income projection: Actual, Monthly rental income: $4,200, Net operating income: $40,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $2,713, Tax amount (winter): $1,690
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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GEM Realty & Development
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Schools In The Area

Check out nearby schools with ratings and contact info.
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Central Academy and High School 313-252-3000 Public 9-12
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Central Academy and High School 313-252-3000 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via GEM Realty & Development and Gregory Morad, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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