3240 RICHTON Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $76
Subdivision Linwood Heights (Plats)
MLS Listing ID 20250007619
Style Quadruplex
Bedrooms 4
Full Baths 4
Year Built 1925
Annual Tax Amount $4,066
Lot Size 6,534 Sqft
Property Sub-Type Quadruplex
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 Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Hot Water
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $350
Acceptable Financing Cash,Conventional,FHA,VA,Warranty Deed
Listing Terms Cash,Conventional,FHA,VA,Warranty Deed