3240 Richton Street Active

Detroit,MI 48206

$ 280000

- Bed

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20240064759

HOA Y/N true

Originating Board Realcomp

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 Wayne County - 100

Zoning Multi-Family

Direction S of Davison and E of Dexter Ave

Interior

Heating Forced Air

Exterior

Amenities Available Pets Allowed

Waterfront No

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Others

Tax ID W12I003780S

Acceptable Financing Cash

Listing Terms Cash

View More
Favorite Go Tour