$365,000 for Sale
2638 richton street, detroit, MI 48206
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Property Description
REDUCED. LOCATED 6 MINUTES FROM THE INFAMOUS BOSTON EDISON HISTORIC DISTRICT, YOU WILL FIND 2638-2640 RICHTON NESTLED ON A 6,534 SQUARE FOOT LOT IN A QUIET NEIGHBORHOOD OF HOMEOWNERS. THIS JEWEL HAS A BRAND NEW TEAR OFF 40 YEAR CROWN ROOF AND CONSISTS OF 4 RECENTLY REMODELED, TWO BED ROOM HOMES. SHE HAS BEEN CAREFULLY UPGRADED AND HAS NEWLY INSTALLED FURNACE’S AND HOT WATER TANKS. IN ADDITION, EACH UNIT HAS BRAND NEW PLUMBING BRAND NEW ELECTRICAL AS WELL TO INSURE MAINTENANCE FREE CASH FLOW. EACH SPACIOUS DWELLING HAS FRESHLY ROLLED PAINT AND BRAND NEW HARDWOOD OR CARPET WITH TOP OF THE LINE UNDERLAYMENT. THIS BEAUTY HAS JUST BEEN LEASED WITH 4 SECTION 8 TENANTS AND THE MONTHLY DIVIDENDS OF 5,301 ARE PAID IN FULL BY THE FEDERAL GOVERNMENT. TENANTS PAY ALL THE UTILITIES WHICH ALLOWS THIS INVESTMENT TO PAY A RETURN OF JUST UNDER 20 PER. THE TAXES HAVE BEEN REDUCED TO ROUGHLY 200 PER MONTH. THIS DIAMOND WILL WRAPPED AROUND A LUCKY OWNER'S FINGER SOON! NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER. LET'S CLOSE!
General Information
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: linwood heights sub (plats)
Acres: 0.15
Lot Dimensions: 53.00 x 121.00
Bedrooms:8
Bathrooms:4 (4 full, 0 half)
House Size: 4,800 sq.ft.
Acreage: 0.15 est.
Year Built: 1925
Property Type: Single Family
Style: Other
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Garage: No Garage
Construction: Brick
Exterior: Brick
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Wall/Floor Furnace
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Basement Description: Unfinished
Foundation : Basement
Heating: Wall/Floor Furnace
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,431
Est. Winter Taxes: $141
Est. Summer Taxes: $1,431
Est. Winter Taxes: $141
HOA fees: 0
Legal Description: N RICHTON 501 W 17.50 FT 502 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 10/126 52.50 X 120.50
Legal Description: N RICHTON 501 W 17.50 FT 502 LINWOOD HEIGHTS SUB L35 P6 PLATS, W C R 10/126 52.50 X 120.50
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Marta Kopania of 1st Michigan Real Estate, Phone:
810-931-4547
Call Victor Adams for more information about this property.
Ask me about this property
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Listings Presented by:
Victor Adams
Call:
810-931-4547 Office: 810-733-3333 |
This Single-Family Home located at
is currently for sale. This property is listed for $365,000.
2638 richton street
has 8 bedrooms, approximately 4,800 square feet.
This home is in the detroit school district and has a lot size of 53.00 x 121.00 with 0.15 acres and was built in 1925.
2638 richton street is in detroit and in ZIP Code 48206 area.
2638 richton street, detroit MI, 48206
For Sale | $365,000
| 8 Bed, 4 Bath | 4,800 Sq Ft
MLS ID rcomi20240062808
If you have any question about this property or any others, please don't hesitate to contact me.
