$340,000
Square Ft.
4,870
2675 Richton Street, Detroit, MI 48206
Turnkey investment opportunity situated in the highly desirable Boston-Edison Historic District. This beautifully renovated property is fully occupied and producing $4,600 per month in rental income, offering immediate cash flow for investors seeking a stable addition to their portfolio. Extensive updates have been completed throughout the home, blending modern finishes with the timeless character that defines this historic neighborhood. Located in one of Detroit's most prominent and steadily revitalizing areas, the property provides convenient access to major employment hubs and some of the city's most recognized destinations. Residents enjoy close proximity to the Motown Museum, Henry Ford Hospital, and the vibrant shops, restaurants, and entertainment options along the Woodward AvenueRead MoreRead Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of NATOD Management, 248-609-7108, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
12
Last Updated
Property Type
Multi-Family
Square Ft.
4,870
Lot Size
0.14 Acres
MLS Number
60978039
Property Location Map
Additional Details
Property Access
Paved Street
Building
4,870 square feet, 4 total units, Built in 1924, Style: 2 Story
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Natural Gas, Forced Air
Income
Net operating income: $40,000
Lot
Lot size: 52.5X120.5, 0.14 acres
Taxes
Total amount: $4,369
Unit One
Rent: $1,150
Unit Two
Rent: $1,150
Unit Three
Rent: $1,150
Unit Four
Rent: $1,150

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Mortgage Calculator
Monthly Payment
$0

(Source: Home Junction)

Don't miss out on
this wonderful property!

Bubble Image
Agent profile image
Agent profile image
Similar Listings
View More Listings

Schools In The Area

Choosing the right home often starts with finding the right school. Our site makes it easy by listing local schools in the area, complete with detailed information at your fingertips. Click on a school to learn more.

(Source: Home Junction)

Buy without the stress

We’re here to guide you every step of the way

Whether you’re searching for a serene waterfront retreat, a cozy cabin tucked into the woods, or a family home with room to grow, we’re here to guide you every step of the way. Let’s make your home-buying journey something you’ll enjoy and remember. With our local expertise and broad connections, we’ll guide you every step of the way – from dreams to keys in hand – so you can start your next chapter with excitement and confidence.

Get in touch