Detroit, MI 48206,2928 Richton ST
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Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST
Detroit, MI 48206,2928 Richton ST

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Additional details
$ 285,000
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2928 Richton ST Detroit, MI 48206

5 Baths

4,960 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 4,960 sqft

Subdivision Linwood Heights

MLS Listing ID 20251055033

Style Quadruplex

Full Baths 4

Half Baths 1

Year Built 1924

Property Sub-Type MultiFamily

Property Description

Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms—a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation.

This well-maintained brick building offers major value, including:
• Four (4) 3-bedroom units
• Separate gas and electric meters—tenants pay their own utilities
• Four (4) NEW furnaces—one for each unit, reducing future maintenance costs
• Large living and dining rooms in each unit
• Spacious kitchens with great layout potential
• Shared basement with ample storage
• Classic Detroit architectural character

With high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio.

Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth.

Don't miss out—schedule a tour today and discover the full potential of 2928 Richton Street!

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Rooms

Basement Full, Unfinished

Interior

Heating ForcedAir, NaturalGas

Exterior

Exterior Feature Balcony

Parking Features OnStreet, Other, SharedDriveway

Pool None

Utilities Available CableAvailable, UndergroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer PublicSewer, SewerAtStreet

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Contract, Conventional, FHA, FHA203K

Listing Terms Cash, Contract, Conventional, FHA, FHA203K

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Erick Howard of Amin Realty
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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