REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 34,900
Est. payment /mo
Active
1987 RICHTON Street Detroit, MI 48206
2 Baths
3,049 Sqft Lot
UPDATED:
11/27/2024 01:26 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240039717
HOA Y/N true
Originating Board Realcomp
Year Built 1924
Annual Tax Amount $791
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 30.00 x 100.00
Property Description
**OPPORTUNITY** Investors, here is your next rehab project! Turn this 2 unit property into a cash flow machine; each unit features a spacious living room, dining room, kitchen, bathroom, and 2 bedrooms! The property did have a relatively small fire in one of the upper bedrooms but the damage was contained. The property does have hardwood flooring that may be salvageable, forced air heating, and some vinyl windows in the first floor unit that could probably be saved! Sec 8 rents for a property like this should be $1,100-1,200/month per unit, with cash paying tenants paying slightly less. Located in the 48306 zip code where there are too many redevelopment and development projects to list! Quick access to M-10 so 10 minutes or less to downtown! NO SELLER FINANCING, CASH OR HARD MONEY ONLY
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction From Rosa Parks Blvd turn West on Richton
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Others
Tax ID W08I003697S
Acceptable Financing Cash
Listing Terms Cash
Listed by RE/MAX Leading Edge
GET MORE INFORMATION
QUICK SEARCH