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$365,000 for Sale

2638 richton street, detroit, MI 48206

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Beds 8 Baths 4 4,800 Sqft 0.15 Acres 1 of 54
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Property Description
REDUCED. LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2638-2640 RICHTON NESTLED ON A 6,534 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW HARDWOOD OR CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 5,301 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 200 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
General Information
Sale Price: $365,000
Price/SqFt: $76
Est. Payments: $2,397
Calculate Payments Mortgage Rates
Status: Active
MLS#: 60334002
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: linwood heights sub (plats)
Acres: 0.15
Lot Dim: 53.00 x 121.00
Bedrooms:8
Bathrooms:4   (4 full, 0 half)
House Size: 4,800 sq.ft.
Acreage: 0.15 est.
Year Built: 1925
Property Type: Single Family
Style: Other
Features & Room Sizes
Bedroom 1:  10x9
Bedroom 2 :  10x10
Bedroom 3:  10x9
Bedroom 4:  10x10
Family Room: 
Greatroom: 
Dining Room: 
Kitchen: 
Livingroom: 
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Exterior:  Brick
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Wall Heat
Fuel:  Natural Gas
Waste:  Public At Street
Watersource:  Public Water at Street
Tax, Fees & Legal
Est. Summer Taxes:  $1,431
Est. Winter Taxes:  $141
HOA fees: 


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Marta Kopania of 1st Michigan Real Estate

This listing last updated: Thu, September 05, 2024 at 3:37:28 PM EDT

MIRealSource Listing Data Last Updated On Monday, September 16 2024 at 8:41pm
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Listings presented by:
Marta Kopania
1st Michigan Real Estate
Call: (734) 301-6553

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