3224 Monterey St

Detroit, MI
$ 180,000 Beds 0 Baths 4 Sq 4,880
Monthly Estimate* How much can I afford?

One of a kind investment property opportunity located in the Dexter and Davison corridor, minuets away from the Russell Woods Sullivan neighborhood, Zussman & Nardin Park. The City of Detroit is investing millions into this area for revitalization of the community and surrounding businesses. With access to all major freeways and interstates, this multi-family unit is the perfect idea for a (new or experienced) investor or an "owner-occupied" investor. Endless space and opportunity, this property can be converted into an AirBnB or remodeled into nice and simple style apartments, town homes or condos. Side lot is included in the sale of this property for a potential parking lot. Residual rental gross income estimated $31,200.00 annually. Longtime private owner, highly motivated. Property is Tenant Occupied "DO NOT DISTURB". Property sold "AS IS". BAVAI. Send All Offers to MrRamseyTheRealtor@Gmail.Com.

Multi-Family

  • Price
  • $ 180,000
  • Lot Size
  • 6,098 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,880
  • Full Bathrooms
  • 4
  • Year Built
  • 1924
  • Half Bathrooms
  • 0
  • City, Zip
  • Detroit
  • Taxes
  • 1470
  • County
  • WAYNE
  • Style
  • Area
  • Detroit
  • MLS#
  • 40152866
  • Zip
  • 48206
Listing Provided by: Front Page Properties
Data Source: Michigan Multiple Listing Service

Features

General

Bathrooms 4
Class MULTIFAMILY
Community Amenities Pets-Not Allowed
Directions Located between Dexter Ave & Wildemere St.
Financial Terms Cash, Conventional, Land Contract
Full Baths 4
Heating Forced Air
Legal Description N MONTEREY 337 W 17.50 FT 338 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 12/201 52.50 X 120.50
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
School District Detroit City School District
Source Mls MI Real Source
Status Active
Status Active
Structure Style 2 Story
Subdivision LINWOOD HEIGHTS (PLATS)
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Year Built 1924
Zoning Multi-Family

Interior Features

Basement Block
Fireplace? No
Fuel Type Natural Gas
Total Number of Units 4

Exterior Features

Exterior Brick
Foundation Type Basement
Lot Dimensions 53.00X121.00
Lot Size Area 0.14
Roads Paved Street
Sewer Septic Public At Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Burton, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/12/2021 Listed $180,000

Property vs Zip Code Average in 48206

Price
AVG $80K
$180K
Taxes
AVG $1,388
$1,470
Visits
AVG 22
5
Year Built
AVG 1923
1924
Walkscore
AVG 51
48
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

3224 Monterey St Detroit, MI is a Single Family Home for sale at $180000 with 4880 sqft and a lot size of 6,098 SqFt Acre(s). 3224 Monterey St Detroit has 0 bedrooms, 4 baths and was built in 1924. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.