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About This Home
This 12-bedroom, 5-bathroom residential multi family at 3230 Richton Street in Detroit, MI is listed for $175,000 ($35 per sqft). Built in 1925, the home offers 5,040 sqft of living space on a 0.14 acres lot.
Discover the incredible potential of this massive over 5,000-square-foot multifamily property at 3230 Richton St in Detroit. Each unit features three full bedrooms and one bathroom, significant rental potential post-rehab. With its size and solid structure, this building presents a prime value-add opportunity for investors looking to boost returns through renovations or repositioning.
Located near the historic Boston Edison district, this property is perfect for anyone seeking both cash flow and long-term growth in one of Detroit's growing neighborhoods.
Key Features
- Built in 1925
- 0.14 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$936/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3230 Richton Street
Detroit, MI 48206
Linwood Heights
Property Details
Construction
Heating
Questions & Answers
This 12-bedroom, 5-bathroom residential multi family at 3230 Richton Street is listed at $175,000 ($35/sqft). The estimated monthly payment is $758 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.14 acre lot, 2 stories.
This property is listed by Joseph Hammel and can be reached at (248) 649-7200 or joe@firerealtyteam.com.