$799,000

2630 Richton Street

Detroit MI, 48206

Description

Completely turn key 15%+ Roi on this fully occupied 16 unit apartment located minutes from Historic Boston-Edison District, and Downtown Detroit Features: 16 Newly updated 1 Bedroom apartment units - rentals range from $725-800 per unit ALL UTILITIES INCLUDED -newly refinished floors (hardwood and carpet) - security cameras for safety -flood lighting around building for safety -on site building rented washer/ dryer for laundry in building -new energy efficient windows, hot water tank furnace, plumbing and electrical only $26k a yr in expenses Monthly P/L statement and copy of monthly utility bills available during diligence - near to shops, churchs and restaurants. .

Details

MLS#2200054781
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1927
Days On Site20

Features

SQ Feet11,412
Units1
Building(s)1

Market Activity 48206

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Area Information
StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDet: Livernois-I75 6-Gd River
Listing VS Median (in 48206)
Price:
$799,000
low | high
Med:
$62,500
100% of Average
SqFt:
11,412
low | high
Med:
2,620
100% of Average
$ / SqFt:
$70
low | high
Med:
$24
100% of Average
On Site:
20
low | high
Med:
55
36.363636363636% of Average
Listing Updated: 08/03/2020
Daryl B Harris LogoMLS Number: 2200054781
Listing Provided By:
Daryl B Harris  of  Black Diamond Realty
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