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3230 Richton St

Detroit MI 48206

4
5040 sq. ft.
0.14 ac.
Multi-Family
Currently for sale - view listing

Overview

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

4 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

96%
96% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Detroit over the last 12 months.

Local market activity for multi families in Detroit

In the last 12 months, 91 multi families similar to 3230 Richton St, have been sold.

This represents a 20% decrease in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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