MI > Detroit
Detroit, MI 48206,2928 Richton Street
Detroit, MI 48206,2928 Richton Street
Detroit, MI 48206,2928 Richton Street
Detroit, MI 48206,2928 Richton Street
Detroit, MI 48206,2928 Richton Street
Detroit, MI 48206,2928 Richton Street
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Shyanne Queen

Shyanne Queen

+1(616) 610-2005
$ 285,000
Est. payment | /mo

5 Baths

6,098 Sqft Lot

Save Virtual Tour
$ 285,000
Est. payment | /mo
Save Virtual Tour

5 Baths

6,098 Sqft Lot

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 20251055033

Year Built 1924

Annual Tax Amount $1,563

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 52.5X120.5

Source Realcomp

Property Description

Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms—a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation.This well-maintained brick building offers major value, including:• Four (4) 3-bedroom units• Separate gas and electric meters—tenants pay their own utilities• Four (4) NEW furnaces—one for each unit, reducing future maintenance costs• Large living and dining rooms in each unit• Spacious kitchens with great layout potential• Shared basement with ample storage• Classic Detroit architectural characterWith high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio.Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth.Don't miss out—schedule a tour today and discover the full potential of 2928 Richton Street!

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family

Direction South on DexterEast on Richton

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W12I003799S

Acceptable Financing Cash, Conventional, FHA, Land Contract

Listing Terms Cash, Conventional, FHA, Land Contract

Virtual Tour https://site.windowstill.com/2928-Richton-St-1/idx

Listed by Amin Realty

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Shyanne Queen
Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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2928 Richton Street