NEW! Buy and sell safely with virtual options - Learn More
About the Listing 98866 - 745771
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 the surrounding historic neighborhood. Positioned in one of the most desirable and rapidly revitalizing areas of Detroit, the location provides convenient access to major employment centers and popular local attractions. Nearby amenities include the iconic Motown Museum, Henry Ford Hospital, and the shops, dining, and entertainment along the Woodward Avenue corridor. Surrounded by beautiful historic architecture, tree-lined streets, and continued neighborhood investment, the area continues to attract strong tenant demand. With stable income already in place and a prime location in one of Detroit's most notable historic districts, this property presents a compelling opportunity for investors seeking both cash flow and long-term appreciation.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
60975397
Year Built
1924
Total Square Footage
3,538
Lot/Acreage
0.14
County
Wayne
Neighborhood
Linwood Heights
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full / 1 Half
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3538
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 52.5X120.5
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,403
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
3235 Monterey Detroit, MI 48206
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
