Detroit, MI 48206,1987 RICHTON ST
Detroit, MI 48206,1987 RICHTON ST
Detroit, MI 48206,1987 RICHTON ST
22
$34,900
Est.Price: ?

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2 BA
1,818 SqFt

1987 RICHTON ST Detroit, MI 48206

Est. payment /mo
SOLD DATE : 02/07/2025

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 1,818 sqft

Price per Sqft $8

Subdivision Monterea (Plats)

MLS Listing ID 20240039717

Sold Date 02/07/25

Style Duplex

Full Baths 2

Year Built 1924

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type MultiFamily

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 Area05043Detlivernoisi756Gdriver

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features OnStreet

Pool None

View Y/N No

Roof Type Asphalt

Building

Foundation Basement, Block

Sewer Public Sewer, Sewer At Street

Water Public, WateratStreet

New Construction No

Schools

High Schools Detroit

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

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Realcomp MLS
Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with KW City

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Brent Ditto

Brent Ditto

Agent | License ID: 6501428605

+1(586) 839-9852

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