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3230 Richton St

Detroit MI 48206

5
5040 sq. ft.
0.14 ac.
Multi-Family
Currently for sale - view listing

Overview

Neighboring property with the same specs sold for $395k! 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.

Features

5 bathrooms
5040 sq. ft. floor area
0.14 ac. lot size
Multi-Family

Property history for 3230 Richton St

2016
Sold
$25,400
01 Jul 2016 by Rachel Saltmarshall, of Urban Elegance Realty LLC

Happy sellers in Detroit

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We have insufficient information to provide an overview of customer satisfaction for Detroit. Viewing the agent profiles, reviews and sales for Detroit can provide insights for this location.

Local market activity for multi families in Detroit

In the last 12 months, 84 multi families similar to 3230 Richton St, have been sold.

This represents a 8% increase in multi families sales when compared to the previous 12 months.

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