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$ 384,900
Est. payment /mo
Active Under Contract
3240 RICHTON Street Detroit, MI 48206
4 Baths
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 20250007619
HOA Y/N true
Year Built 1925
Annual Tax Amount $4,066
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 53.00 x 121.00
Source Realcomp
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
Listed by House Of May