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$220,000
Est. payment /mo
4 Baths
5,040 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $43
Subdivision Linwood Heights
MLS Listing ID 20251050914
Style Colonial
Full Baths 4
Year Built 1925
Property Sub-Type MultiFamily
Property Description
Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning. Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit's growing neighborhoods.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Joseph Hammel of Keller Williams Somerset
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