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3240 RICHTON Street Detroit, MI 48206
4 Beds
4 Baths
5,040 SqFt
UPDATED:
02/19/2025 04:11 PM
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
Originating Board Realcomp II Ltd
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 Quadruplex
Property Description
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
Direction Dexter to Richton
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Roof Type Asphalt
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W12I003780S
Ownership Short Sale - No,Private Owned
Assessment Amount $350
Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed
Rebuilt Year 2024
Listing Terms Cash, Conventional, FHA, VA, Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed
