2988 Richton Street

Detroit, MI 48206
Square Ft.
2,600
$193,000
INVESTMENT OPPORTUNITY! 2986 and 2988 Richton Street are multifamily properties offering approximately 2,600 square feet in Detroit. 2988 Richton is vacant. This property may be purchased individually or as part of a 25-property investment portfolio consisting of 24 additional properties throughout Detroit. The portfolio includes a mix of tenant-occupied andRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Five Star Luxury Realty, [email protected], (734) 330-6732.
Listing Snapshot
Days Online
11
Last Updated
Property Type
Multifamily
Square Ft.
2,600
Lot Size
0.1 Acres
Year Built
1927
MLS Number
20261062642
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
2 total units, 1 leased unit, 2 three-bedroom units, Built in 1927, Architectural style: Upper/Lower Apartment, Brick, 2,600 total square feet, 2,600 combined square feet, 1,300 total basement square feet, Unit count: 2
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.10, Lot size dimensions: 35X120.5
Miscellaneous
Gross scheduled income: $33,609, Income projection: Actual, Monthly rental income: $1,400, Net operating income: $16,800
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $3,307, Tax amount (winter): $2,027
Sewer
Sewer (Sewer-Sanitary)
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Garrett Blair
Broker
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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.

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