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$315,000
Est. payment /mo
4 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261015773
HOA Y/N true
Year Built 1924
Annual Tax Amount $4,403
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 52.5X120.5
Source Realcomp
Property Description
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.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction Head North on Linwood and turn left (West) on Monterey St
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I003680S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by NATOD Management
Nearby School & Business
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