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.
Listed By
Agency Name: NATOD Management
Agency Phone: (248) 609-7108
Shown By
Agent Name: Julie Fessler
Agent Phone: (810) 227-1016 ext. 220
Agency Title: Griffith Realty
Estimated Payment
$ 830.69 per month $734.44 Principal & Interest $0.00 Property Tax (data not provided by mls) $96.25 Homeowner's Insurance
3235 Monterey Street | MLS# 20261015773
This multi-family property located at 3235 Monterey Street, Detroit, MI 48206 is currently listed for sale with an asking price of $330,000. Monterey Street is located within the Detroit school district. Search Detroit real estate on juliea.fessler.griffithrealty.com today.