Investment Potential:
2257 Monterey St in Detroit presents a strong value-add investment opportunity with an asking price of $22,400 and an estimated ARV of $115,000. The property is vacant, features a full basement, and sits on a 3,049 sq ft lot, offering flexibility for renovation or resale. Its low entry cost creates excellent upside potential for investors looking to flip or hold for rental income, with comparable properties showing promising returns once fully rehabbed. While the home’s smaller size and neighborhood conditions may require careful budgeting and quality upgrades, efficient execution could yield a high ROI and make this an attractive addition to a Detroit-based investment portfolio.
Asking Price: $22,400
ARV: $115,000
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SHOWING: Monday, November 24th at 3:00 PM
Details
✅ 3 Bedrooms / 1 Bathroom
✅ 744 sq. ft
✅ Lot Size: 3,049 sq. ft
✅ Year Built: 1927
✅ No Parking
✅ Full basement
📅 Closing: By 12/04/2025
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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📞 Call/Text: 248-838-0975
📧 Email: office@reidailydeals.com