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$ 75,000
Est. payment /mo
Active Under Contract
14101 MONTROSE Street Detroit, MI 48227
2 Baths
4,356 Sqft Lot
UPDATED:
03/10/2025 06:42 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 20240094133
Originating Board Realcomp
Year Built 1942
Annual Tax Amount $644
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 106.00
Property Description
With 2,094 square feet of total living space, the property features a spacious 2-bedroom, 1-bath lower unit and a cozy 1-bedroom, 1-bath upper unit. Both units share classic charm with brick exterior construction, ample natural light, and the added convenience of a fenced yard and a detached 2-car garage for additional value.The large unfinished basement offers ample storage space or potential for future enhancements. The asphalt roof and forced-air natural gas heating ensure reliability, keeping operating costs low.Investor Highlights:* Turn key opportunity!* Immediate Cash Flow: Lower unit leased at $800/month. Long term 3 yr tenant and desires to stay. * Strong Rental Demand: Potential monthly rent of $1,800 or more with both units rented at market rates* Value-Add Potential: Rent out the vacant upper unit or update for increased returns!* Separate Living Spaces: Perfect for long-term tenants or House Hacking owner-occupants looking for income opportunities!* Location: Near schools; Burns & Edison Elementary & Renaissance Highschool. Surrounded by several parks ie. Stopel, Rosemont Acacia, Oh Shae Playground. public transit, and plenty of shopping—ideal for renters.Whether you're looking to build your portfolio, house-hack, or maximize rental income, this property is a fantastic opportunity in a growing rental market. Don't miss out on this turn-key income producer – Schedule your showings today! All showing requests will need a 48 hour lead time for lower unit access.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction Grand River & Schoolcraft
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I053217S
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Listed by Zest Realty LLC