MI > Richmond > 4015 Main St Res, 31-33 Mile Res
Richmond, MI 48062,70190 Main ST
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Richmond, MI 48062,70190 Main ST
Richmond, MI 48062,70190 Main ST
Richmond, MI 48062,70190 Main ST
Richmond, MI 48062,70190 Main ST

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Larry Else

Larry Else

+1(313) 315-3215
$ 575,000
Est. payment /mo
Save
Active

70190 Main ST Richmond, MI 48062

10 Beds

6 Baths

4,662 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 4,662 sqft

Price per Sqft $123

Subdivision 4015 Main St Res, 31/33 Mile Res

MLS Listing ID 58050194315

Bedrooms 10

Full Baths 6

Year Built 1910

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type MultiFamily

Property Description

Incredible investment opportunity with this fully occupied five-unit multi-family property located just minutes from Downtown Richmond. This property is ideal for both seasoned and new investors. It features two separate buildings. The main house is a triplex that includes a one-bedroom, one-bath unit of approximately 600 square feet, a two-bedroom, one-bath unit of approximately 850 square feet, and a two-bedroom, two-bath unit of approximately 1,100 square feet with a finished basement and carport. Each unit has been well maintained with updates such as newer furnaces, hot water tanks, AC wall units, flooring, and kitchen and bath remodels. The rear duplex was fully converted in 2021 from a storage structure into two modern apartments. The renovation included all-new utilities for gas, water, sewer, and electric, along with new interiors, fixtures, flooring, and a fire suppression system. One unit offers three bedrooms and one bath, and the other includes two bedrooms, one bath, and a small office. All units are separately metered for gas, electric, and water, which helps maintain low operating expenses. Tenants are currently on month-to-month leases, offering flexibility for the next owner. With its recent updates, efficient utilities, and strong rental performance, this property is a turnkey, income-producing investment in a prime Richmond location. Showings will be accommodated with an accepted offer.

Location

State MI

County Macomb

Area Area03032Richmond

Rooms

Basement PartiallyFinished

Interior

Heating Baseboard, ForcedAir, NaturalGas, Radiant, SeparateMeters

Cooling CeilingFans, WallWindowUnits, WindowUnits

Exterior

Parking Features Carport

View Y/N No

Building

Foundation Basement, Slab

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Richmond

School District Richmond

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Pam MacKay-LeVien of KW Platinum
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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