2741 Monterey, Detroit MI 48206

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$289,900

2741 Monterey, Detroit, MI 48206

bedrooms

bathrooms

square feet

2,700

Acreage

0.1

Open Houses

year built

1925

Full Baths

Half Baths

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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"

Location
Subdivision	Linwood Heights Sub
County	Wayne
Elementary School	-
Middle School	-
High School	-

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MLS number: 50166728

Listing agent: Sotero Lopez Ii #6501379765

Listing broker: Exp Realty Llc (888) 501-7085

Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Friday, February 21 2025 at 11:02 a.m. EST

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