4115 Montgomery Street, Detroit, MI 48204 2493

$2,240,000
20
BA
1,189
SqFt

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List Price
$2,240,000
Status
ACTIVE
MLS#
61026362
Days on Market
32
Year Built
1914
Bathrooms
20
Acres
0.09
Living Area
1,189
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Holden & Murrays 2nd Sub

Property Description

CALLING ALL INVESTORS! This is an exceptional opportunity to expand your portfolio with a package of tenant-occupied properties, all offered for sale together. The portfolio currently generates $21,792 in monthly rental income, totaling $261,504 annually, providing an immediate income-producing investment. Of the 16 properties, 14 have been renovated between 2023 and 2025, offering updated properties and minimizing the need for immediate renovation work. The package includes one duplex and 15 single-family homes, providing a diverse mix of income-producing residential properties. Whether you're looking to expand an existing rental portfolio or acquire a substantial collection of income-producing properties, this package offers an opportunity to add significant scale in one transaction. See attached documents for additional property details, rental information, and portfolio specifics. ***Photos shown are representative examples of properties within the portfolio featuring renovations. ***

Additional Information

Lot Dimensions
36 x 106.3
Heating
Other-See Remarks
Cooling
Other
Basement
Yes
Basement Description
Poured
Foundation
Basement
Water
Public
School District
Detroit City School District

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Calculator source: Real Geeks

Listing Courtesy of KW Domain, Office Phone: 248-590-0800

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.