3235 Monterey St, Detroit, MI 48206

$290,000
4
BA
3,538
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$290,000
MLS#
20261015773
Status
ACTIVE
Bathrooms
4
Half-baths
1
Subdivision
LINWOOD HEIGHTS

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.

Additional Information

Year Built
1924
Basement Type
Unfinished
Acres
0.14
Style
Quadruplex
Acres
0.14
School District
Detroit
Heating
Forced Air, Natural Gas

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of NATOD Management 2486097108