Detroit, MI 48206 1004,3240 RICHTON Street
Detroit, MI 48206 1004,3240 RICHTON Street
Detroit, MI 48206 1004,3240 RICHTON Street
Detroit, MI 48206 1004,3240 RICHTON Street
Detroit, MI 48206 1004,3240 RICHTON Street
Detroit, MI 48206 1004,3240 RICHTON Street
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$ 384,900
Est. payment | /mo

4 Baths

5,040 SqFt


Save
$ 384,900
Est. payment | /mo
Save

4 Baths

5,040 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Contingent

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by House Of May
agent
Jeff McIntyre

Broker

+1(989) 277-3510 | jeff@homefieldmichigan.com

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3240 RICHTON Street