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3550 Montclair, Detroit, MI 48214

Detroit
Local realty services provided by:CENTURY 21 Northland
3550 Montclair,Detroit, MI 48214
$699,900
  • - Beds
  • 16 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ryan kain
Office: re/max leading edge
MLS#:60934288
Source:MI_REALSOURCE

Price summary

  • Price:$699,900

About this home

**INVESTORS** This is your opportunity to add an updated 16 unit brick apartment building to your portfolio! The property has 7 of the 16 units occupied! The property was significantly updated in 2022, with updates including all-new windows, a new roof, 2 new boilers and HWTs, some updated electrical and plumbing, 5 of the 16 units were completely remodeled w/ updated kitchens and bathrooms, and the remaining 11 have had rental turnovers completed! Best of all, this is both a turn-key and value add property, as the front half of the basement has space to add 4 units and has been gutted in preparation for the new owner to begin the work. Each unit's electricity and cooking gas are metered separately while the owner pays for heating, common area electric, and water. The property is also located a few blocks away from Chrysler/Stellantis's new auto manufacturing plant which is expected to have a positive economic impact on the surrounding areas. Transfers will be subject to reporting...

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Home facts

  • Year built:1925
  • Listing ID #:60934288
  • Added:7 day(s) ago
  • Updated:March 19, 2026 at 10:10 AM

Rooms and interior

  • Total bathrooms:16
  • Full bathrooms:16
  • Basement Description:Common

Heating and cooling

  • Heating:Radiant, Steam

Structure and exterior

  • Year built:1925
  • Lot area:0.23 Acres
  • Construction Materials:Brick
  • Foundation Description:Basement

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$699,900
  • Tax amount:$18,135

Features and amenities

  • Amenities:Cable/Internet Available

Parking

  • Parking description:On Street Parking

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