3240 RICHTON Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206 1004
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $76
Subdivision Mi
MLS Listing ID 60368625
Style 2 Story
Full Baths 4
Year Built 1925
Annual Tax Amount $4,066
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 53.00 x 121.00
Property Sub-Type Multi-Family
Property Description
Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don’t miss this incredible investment opportunity! This nearly renovated quadplex boasts four spacious units, each featuring 4 bedrooms and 1 bathroom—a rare find in Metro Detroit. With nearly 6,000 sq. ft. of living space, this multi-family property offers immense income potential. Current Rental Income: Two units are already leased at $1,100 per month, providing immediate cash flow, while the remaining two units are vacant and ready for owner-occupancy or additional tenants. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, this property offers proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you're a seasoned investor looking to expand your portfolio or a house-hacker seeking a high-income property, this quadplex is a must-see! Schedule your showing today!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Poured
Interior
Heating Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $350
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA