1987 RICHTON Street Active

Detroit,MI 48206

$ 34900

- Bed

2 Baths

- SqFt


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

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