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2292 Richton Street

Detroit, MI 48206
Square Ft.
2,104
$189,888
High-yield Detroit duplex with stable income and value-add upside.Prime investment structure: two-unit duplex (multi-family zoning) with 3-bedroom units - ideal for long-term rental demand and simple portfolio scaling. Complete renovation 2023 inside and out. Updated plumbing, electrical with new service pannels, HVAC with new furnances, all seperate utilities except one… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Fresh Start Homes, [email protected], (248) 413-5201.
Listing Snapshot
Days Online
47
Last Updated
Property Type
Multifamily
Square Ft.
2,104
Lot Size
0.1 Acres
Year Built
1923
MLS Number
20261045009
30 Days Snapshot Of 48206
$55k
-51%
(avg) sold price
12
-20%
homes sold
93
-1%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
22 total units, 2 leased units, 22 three-bedroom units, Built in 1923, Remodelled in 2023, Architectural style: Duplex, Vinyl, Wood, 2,104 total square feet, 2,104 combined square feet, 1,045 total basement square feet, Unit count: 22
Exterior Features
Lighting
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Interior Features
Cable Available
Lot
Lot size area: 0.10, Lot size dimensions: 45X100
Miscellaneous
Gross scheduled income: $27,600, Income projection: Actual, Monthly rental income: $2,300, Net operating income: $23,602, Operating expense: $3,998
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,116, Tax amount (winter): $666
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Garrett Blair
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Central Academy and High School 313-252-3000 Public 9-12
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Durfee Elementary-Middle School 313-252-3070 Public KG-8
Central Academy and High School 313-252-3000 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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