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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 34,900

Est. payment -/mo

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Price Dropped by $5K

1987 RICHTON Street Detroit, MI 48206

2 Beds

2 Baths

1,818 SqFt

UPDATED:

09/24/2024 12:23 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,818 sqft

Price per Sqft $19

Subdivision Monterea (Plats)

MLS Listing ID 20240039717

Style Duplex

Bedrooms 2

Full Baths 2

Originating Board Realcomp II Ltd

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 Det: Livernois-I75 6-Gd River

Zoning Residential

Direction From Rosa Parks Blvd turn West on Richton

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Roof Type Asphalt

Porch Porch - Covered, Porch

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Architectural Style Duplex

Level or Stories 2 Story

Structure Type Asphalt

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W08I003697S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Listed by RE/MAX Leading Edge

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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