3793 Montgomery Avenue, Detroit, MI 48206

$55,000 Asking Price

6 beds
4 baths
2,268  sqft
Built in 1914

Seize this incredible investment opportunity with a Single property located in a highly desirable suburb of Detroit. This great income-producing property is priced to sell and offers substantial returns on investment.Key Features:Location: Situated in a good suburb of Detroit, providing a prime location for tenants seeking suburban living with easy access to the city's amenities.Income-Producing: This Single property is designed to generate consistent rental income, making it an ideal addition to your investment portfolio.Affordable Pricing: Priced at a low cost, this property offers significant value and potential for appreciation.Land Bank Terms: Subject to land bank terms, providing a unique investment opportunity with potential incentives and benefits.Don't miss out!


Features & Amenities

Interior

Laundry:
In basement
Basement:
Full
Heating:
Forced air, Natural gas

Exterior

Style:
Colonial
Parking:
Detached

Construction

Roofing:
Asphalt
General:
Brick, Basement

Location

Originating MLS:
Greater Metropolitan Association of REALTORS
School District:
Detroit
County:
Wayne

Lot

Zoning:
PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2025. S MONTGOMERY 217 HOLDEN & MURRAYS 2ND SUB L27 P77 PLATS, W C R 14/161 35 X 106.30, 14002605

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Greater Metropolitan Association of REALTORS

This listing courtesy of:
iTech Realty, Kingsley Ifezue

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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