2675 Richton Street

Detroit, MI 48206
Square Ft.
4,870
$340,000
Turnkey investment opportunity situated in the highly desirable Boston-Edison Historic District. This beautifully renovated property is fully occupied and producing $4,600 per month in rental income, offering immediate cash flow for investors seeking a stable addition to their portfolio. Extensive updates have been completed throughout the home, blending modern finishesRead MoreRead Less
Courtesy of NATOD Management.
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multi-Family
Square Ft.
4,870
Lot Size
0.14 Acres
MLS Number
60978039
30 Days Snapshot Of 48206
$1k
-28%
(avg) sold price
2
-50%
homes sold
48
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Building
4,870 square feet, 4 total units, Built in 1924, Style: 2 Story
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $40,000
Lot
Lot size: 52.5X120.5, 0.14 acres
Taxes
Total amount: $4,369
Unit One
Rent: $1,150
Unit Two
Rent: $1,150
Unit Three
Rent: $1,150
Unit Four
Rent: $1,150
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Aaron Wiens
Co-founder & Broker
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.