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$34,900 for Sale

1987 richton, detroit, MI 48206

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Property Description
**OPPORTUNITY** Investors, here is your next rehab project! Turn this 2 unit property into a cash flow machine; each unit features a spacious living room, dining room, kitchen, bathroom, and 2 bedrooms! The property did have a relatively small fire in one of the upper bedrooms but the damage was contained. The property does have hardwood flooring that may be salvageable, forced air heating, and some vinyl windows in the first floor unit that could probably be saved! Sec 8 rents for a property like this should be $1,100-1,200/month per unit, with cash paying tenants paying slightly less. Located in the 48306 zip code where there are too many redevelopment and development projects to list! Quick access to M-10 so 10 minutes or less to downtown! NO SELLER FINANCING, CASH OR HARD MONEY ONLY
General Information
Sale Price: $34,900
Price/SqFt: $19
Status: Active
MLS#: 550
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: monterea (plats)
Acres: 0.07
Lot Dim: 30.00 x 100.00
Bedrooms:0
Bathrooms:2   (2 full, 0 half)
Size: 1,818 sq.ft.
Acreage: 0.07 est.
Year Built: 1924
Style: 2 Story
Features & Room Sizes
Exterior:  Porch
Basement:  No
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $736
Est. Winter Taxes:  $55


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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: Ryan Kain of RE/MAX Leading Edge

This listing last updated: Mon, September 23, 2024 at 11:03:47 PM EDT

MIRealSource Listing Data Last Updated On Saturday, October 5 2024 at 12:45am
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Listings presented by:
Ryan Kain
RE/MAX Leading Edge
Call: (734) 626-7815

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