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Listing Courtesy Of:
EXP Realty LLC, 269-600-4397, Sotero Lopez II
Local Realty Services Provided By:
Keller Williams Realty
Overview
What It'll Cost
Neighborhood
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2741 Monterey, Detroit, MI 48206
3 Beds
1 Bath
2741 Monterey, Detroit, MI 48206
Estimation provided by Keller Williams Realty Inc.
3 Beds
1 Bath
Active
For Sale
Property Description
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. 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), Façade 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"
Property Details
Compare This Home
Overview
Property Type
Multi-Family
Property Size
Year Built
1925
Days on Site
34 Days
HVAC
Forced Air
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
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Estimated Monthly Payment
Purchase Price:
$279,900
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/13/2025
Price Decrease
(-3.45% )
02/17/2025
Listed
(+1,595.32% )
08/03/2023
Sold
(-34.23% )
03/24/2005
Sold
(+108% )
12/23/2004
Sold
(-81.49% )
03/03/2004
Sold
No Tax History Data
There are no tax history data available for this property at this time. Please consult with your agent if you have any questions.
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Davison/Chicago
Car-Dependent
Walkable
Very Walkable
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