14101 MONTROSE Street Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227
Key Details
Property Type Multi-Family
Sub Type Bungalow,Duplex
Listing Status Accepting Backup Offers
Purchase Type For Sale
Square Footage 2,094 sqft
Price per Sqft $35
Subdivision Taylors B E Bluebird (Plats)
MLS Listing ID 20240094133
Style Bungalow,Duplex
Bedrooms 2
Full Baths 2
Year Built 1942
Annual Tax Amount $644
Lot Size 4,356 Sqft
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 Det - Schcraft-6 Grnfld-Limits
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Garage Spaces 2.0
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $250
Acceptable Financing Cash,Conventional,VA
Listing Terms Cash,Conventional,VA