MI > Wayne > Detroit > 1987 Richton Street
  • 2 Units
  • 1,818 SqFt
  • MLS# 20240039717
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248-304-6700

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248-208-3883

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**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

Property Information

Status
Active 
Address
1987 Richton Street 
City
Detroit 
Zip
48206 
Year Built
1924 
Style
Duplex 
Possession
At Close 
Architecture
2 Story 
Listing Date
06/10/2024 
Subdivision
Monterea (plats) 
County
Wayne 
Above Grade SqFt
1,818 
Total No of Units

School Information

School District
Detroit 

Taxes

Summer Taxes
$736 
Winter Taxes
$55 

Rooms and Land

Lot Dimensions
30.00 x 100.00 
Total Acres
0.07 

Features

Style
Duplex 
Basement
Unfinished 
Heating
Forced Air, Natural Gas 

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annual
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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240039717 Active Jun 10 2024 2:06PM $49,900 4
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

MIRC Logo

Listing Courtesy of Re/Max Leading Edge
(734) 404-8800
Office Address 7500 N Canton Center

1987 Richton Street Detroit
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$49,900
For Sale • No. of Units: 2