Prime Quadplex Investment Opportunity Near Historic Boston Edison!
Don’t miss this incredible investment opportunity! This nearly renovated quadplex boasts four spacious units, each featuring 4 bedrooms and 1 bathroom—a rare find in Metro Detroit. With nearly 6,000 sq. ft. of living space, this multi-family property offers immense income potential.
Current Rental Income: Two units are already leased at $1,100 per month, providing immediate cash flow, while the remaining two units are vacant and ready for owner-occupancy or additional tenants.
Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, this property offers proximity to downtown Detroit, major highways, shopping, dining, and entertainment.
Whether you’re a seasoned investor looking to expand your portfolio or a house-hacker seeking a high-income property, this quadplex is a must-see! Schedule your showing today!
Don’t miss this incredible investment opportunity! This nearly renovated quadplex boasts four spacious units, each featuring 4 bedrooms and 1 bathroom—a rare find in Metro Detroit. With nearly 6,000 sq. ft. of living space, this multi-family property offers immense income potential.
Current Rental Income: Two units are already leased at $1,100 per month, providing immediate cash flow, while the remaining two units are vacant and ready for owner-occupancy or additional tenants.
Location, Location, Location! Nestled just outside the historic Boston Edison neighborhood, this property offers proximity to downtown Detroit, major highways, shopping, dining, and entertainment.
Whether you’re a seasoned investor looking to expand your portfolio or a house-hacker seeking a high-income property, this quadplex is a must-see! Schedule your showing today!
Property Details
Price:
$384,900
MLS #:
20250007619
Status:
Active
Beds:
0
Baths:
4
Address:
3240 RICHTON ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
LINWOOD HEIGHTS PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Feb 4, 2025
State:
MI
Finished Sq Ft:
5,040
ZIP:
48206
Year Built:
1925
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms
Heating
Hot Water, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Parking Features
Two Car Garage
Parking Spots
2
Roof
Asphalt
Financial
Taxes
$4,066
Map
Community
- Address3240 RICHTON ST Detroit MI
- SubdivisionLINWOOD HEIGHTS (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48206
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3240 RICHTON ST
Detroit, MI
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