3550 Montclair Street, Detroit, MI 48214

Detroit
Local realty services provided by:ERA Prime Real Estate Group
3550 Montclair Street,Detroit, MI 48214
$549,900
  • - Beds
  • 16 Baths
  • 10,944 sq. ft.
  • Multi-family
  • Active
Listed by: ryan e kain
Office: re/max leading edge
MLS#:20251033366
Source:MI_REALCOMP

Price summary

  • Price:$549,900
  • Price per sq. ft.:$50.25

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
  • Subdivision & Development:HENDRIES (PLATS)
  • Listing ID #:20251033366
  • Added:402 day(s) ago
  • Updated:October 13, 2026 at 10:02 AM

Rooms and interior

  • Total bathrooms:16
  • Full bathrooms:16
  • Basement Description:Common, Unfinished
  • Living area:10,944 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiant, Steam

Structure and exterior

  • Roof:Asphalt
  • Year built:1925
  • Building area:10,944 sq. ft.
  • Lot area:0.23 Acres
  • Architectural Style:Common Entry Building
  • Construction Materials:Brick
  • Foundation Description:Basement, Brick Mortar
  • Levels:Three

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$549,900
  • Price per sq. ft.:$50.25
  • Tax amount:$18,135

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Parking description:On Street, Unassigned
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