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 $55
Subdivision Linwood Heights (Plats)
MLS Listing ID 20240064759
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1925
Annual Tax Amount $3,117
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 53.00 x 121.00
Property Description
This is the best DEAL you will find. Recently appraised for $380,000 in 2023 when it was complete. Property is partially finished but needs to be completed again. Seller estimates 30-50k repairs needed. CASH ONLY. This can potentially provide INSTANT EQUITY! Seller will consider making additional improvements prior to closing but would prefer to sell AS IS. Schedule your showing today! This property has great potential with a rare 4 unit all 4 bedrooms each to provide excellent cash flow to the savy investor once filled.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction S of Davison and E of Dexter Ave
Rooms
Basement Unfinished
Interior
Interior Features Security Alarm (rented)
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Porch Balcony,Porch - Covered,Patio,Porch,Patio - Covered
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Quadruplex
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W12I003780S
Ownership Short Sale - No,Private Owned
Assessment Amount $340
Acceptable Financing Cash
Listing Terms Cash
Financing Cash