MI
Wayne
Detroit City
48206
2928 Richton Street
2928 Richton Street, Detroit City, MI 48206
Share Listing
Listing Type
Multi Family
Listing Status
Active
60
$285,000

Home Details for 2928 Richton Street

Price
$285,000
Type
Residential Income
Bedrooms
12
Bathrooms
5.0
Square feet
4960
Year built
1924
Lot size acres
0.14
County
Wayne
Garage
Basement
Full, Unfinished
Days on site
20
MLS Listing#
20251055033
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 character With 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!

Property Features
  • Utilities
    • Cable Available
    • Underground Utilities
    • Sewer Available
  • Parking
    • On Street
    • Other
    • Shared Driveway
  • Heating Information
    • Forced Air
    • Natural Gas
  • Basement
    • Full
    • Unfinished
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Amin Realty - 833-264-6832
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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