3295 Monterey Street Detroit, MI ^$ 195,000

3295 Monterey Street

^$ 195,000

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3295 Monterey Street

Detroit, MI, 48206

^$ 195,000

Studio Baths2.0 Sq 2,088

Monthly Estimate*

^$ 1,362

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Studio

Multi-Family Home for sale in Detroit, MI

for $195,000 with 2 full baths. This 2,088 square foot home was built in 1948 on a lot size of 0.07.

Newly renovated duplex located in the Dexter-Linwood neighborhood of Detroit. Each unit includes two bedrooms and one bathroom. This two-unit investment property was fully renovated in 2023. Updates include a new roof, flooring, windows, hvac, electrical, and plumbing. Both units are tenant occupied through August, 2024. Monthly rental income is $2,250.

Multi-Family Active

Price

^$ 195,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.07

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60232924

Features

General

Heating Forced Air

Cooling Ceiling Fan(s)

Possession At Close

Water Public Water

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1948

Subdivision LINWOOD HEIGHTS (PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Detroit

Zoning Multi-Family

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions N of Elmhurst E of Dexter

City Detroit

School District Detroit City School District

Street Name Monterey

Financial Terms Cash Conventional

Legal Description S MONTEREY E 26.25 FT 308 LINWOOD HEIGHTS SUB L35 P6 PLATS W C R 12/201 26.25 X 120.50

DOM 299

Postal Code 48206

Price Per Sq Ft 93.39

Coming Soon

Exterior

Exterior Brick

Frontage 0

Lot Size Area 0.07

Lot Dimensions 26.00 x 121.00

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Griffin Krebsbach

Listing Agent

O'connor Realty Detroit, Llc

Broker

griffin@oconnordetroit.com

Affordability Calculator

$1,362

Per Month

Monthly Principal & Interest: $1,362
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$211,983

Percent of Sale Price 9%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/29/2023	$180,000		Listed Price

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3295 Monterey Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $195,000 with 2,088 sqft and a lot size of 0.07. 3295 Monterey Street is a studio with 2.0 baths and was built in 1948. 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 7.49% 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.

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3295 Monterey Street

Multi-Family Home for sale in Detroit, MI

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