Detroit, MI 48206,3240 Richton Street
Detroit, MI 48206,3240 Richton Street
Detroit, MI 48206,3240 Richton Street
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$385,000
Est. payment /mo
4 Baths
6,098 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20251030222

Year Built 1925

Annual Tax Amount $8,141

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 52.5X120.5

Source Realcomp

Property Description

Prime Quadplex Investment Opportunity Near Historic Boston Edison! Don't miss this incredible investment opportunity! This newly renovated quadplex boasts four spacious units, each featuring 4 bedrooms, 1 bathroom and a stackable washer and dryer—a rare amenity in Metro Detroit multifamily housing. With nearly 6,000 sq. ft. of living space, this property is designed for strong rental demand and long-term appreciation. Two units are currently leased through January 2026, providing immediate and stable cash flow, while the remaining two units are vacant and move-in ready for either new tenants or an owner-occupant seeking additional income. Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, residents will enjoy close proximity to downtown Detroit, major highways, shopping, dining, and entertainment. Whether you're an experienced investor expanding your portfolio or a first-time buyer looking for a lucrative house-hack opportunity, this quadplex is a must-see investment. Schedule your private showing today and secure this opportunity!

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction Dexter To Richton

Interior

Heating Hot Water

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W12I003780S

Acceptable Financing Cash, Conventional, FHA, Contract, VA Loan

Listing Terms Cash, Conventional, FHA, Contract, VA Loan


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Listed by House Of May

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agent

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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