UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Coming Soon
Purchase Type For Rent
Square Footage 4,960 sqft
Subdivision Linwood Heights
MLS Listing ID 20261053137
Style Quadruplex
Full Baths 4
Half Baths 1
Year Built 1924
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type MultiFamily
Property Description
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!
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Exterior Feature Balcony
Parking Features OnStreet, Other, SharedDriveway
Pool None
Utilities Available CableAvailable, UndergroundUtilities
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, ConvBlendRt, Conventional, FHA, FHA203K, VaLoan
Listing Terms Cash, ConvBlendRt, Conventional, FHA, FHA203K, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Cats Ok, Dogs Ok
Virtual Tour https://site.windowstill.com/2928-Richton-St-1/idx
Nearby School & Business
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761