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

4 Beds

4 Baths

5,040 SqFt


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$ 384,900
Est. payment | /mo
Save

4 Beds

4 Baths

5,040 SqFt

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

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

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

Realcomp MLS
Listed by Lamar Turner of House Of May

GET MORE INFORMATION

agent
JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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3240 RICHTON Street