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14101 MONTROSE Street Detroit, MI 48227 2148
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Key Details
Sold Price $76,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,094 sqft
Price per Sqft $36
Subdivision Mi
MLS Listing ID 60361753
Sold Date 05/08/25
Style 2 Story
Full Baths 2
Year Built 1942
Annual Tax Amount $644
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 106.00
Property Sub-Type Multi-Family
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 Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water, Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $250
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,VA
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Bought with LPS