14101 MONTROSE Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227
Key Details
Property Type Multi-Family
Listing Status Active
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