3240 RICHTON Street Active

Detroit,MI 48206

$ 384900

- Bed

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20250007619

HOA Y/N true

Originating Board Realcomp

Year Built 1925

Annual Tax Amount $4,066

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 53.00 x 121.00

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 Wayne County - 100

Zoning Multi-Family

Direction Dexter to Richton

Interior

Heating Hot Water

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W12I003780S

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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