$30,000

3336 Monterey Street, Detroit, MI 48206

  • 4 baths |
  • 4,908 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $6/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Discover an exceptional opportunity in the heart of one of Detroit's emerging neighborhoods! This 4-unit multifamily property with almost 5,000 square feet offers great potential. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Listing Status:
Active
Date Added:
September 24, 2025 at 05:00AM
Listing Office:
Bellabay Realty Tri Counties : 248-274-6614
Listing Agent:
Natasha Richards : 313-204-0310
MLS ID:
60939514
  • Basement: Block
  • Heating: Forced Air
  • Style: Colonial
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N MONTEREY E 17.50 FT 320 321 LINWOOD HEIGHTS SUB L35 P6 PLATSW C R 12/201 52.50 X 120.50
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Natasha Richards, Bellabay Realty Tri Counties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.61 miles away

K

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.61 miles away

C

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.