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$ 175,000
Est. payment | /mo
5 Baths
5,040 SqFt
$ 175,000
Est. payment | /mo
5 Baths
5,040 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $34
Subdivision Mi
MLS Listing ID 61003576
Style 2 Story
Full Baths 5
Year Built 1925
Annual Tax Amount $4,541
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 52.5X120.5
Property Sub-Type Multi-Family
Property Description
Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning. Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit's growing neighborhoods.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Somerset
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Shannon Bagdonas
Team Lead / Broker Partner