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About the Listing 98866 - RC460024
Turnkey investment opportunity situated in the highly desirable Boston-Edison Historic District. This beautifully renovated property is fully occupied and producing $4,600 per month in rental income, offering immediate cash flow for investors seeking a stable addition to their portfolio. Extensive updates have been completed throughout the home, blending modern finishes with the timeless character that defines this historic neighborhood. Located in one of Detroit's most prominent and steadily revitalizing areas, the property provides convenient access to major employment hubs and some of the city's most recognized destinations. Residents enjoy close proximity to the Motown Museum, Henry Ford Hospital, and the vibrant shops, restaurants, and entertainment options along the Woodward Avenue corridor. The neighborhood is known for its stunning historic homes, mature tree-lined streets, and ongoing investment that continues to strengthen property values and tenant demand. With reliable rental income already established and a prime location within one of Detroit's most notable historic communities, this property presents an exceptional opportunity for investors focused on both strong cash flow and long-term appreciation potential.
Listing Highlights
Status
Pending
Days on Site
41
Property Type
Multi-Family
MLS ®
60978039
Year Built
1924
Total Square Footage
4,870
Lot/Acreage
0.14
County
Wayne
Neighborhood
Linwood Heights Sub
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4870
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 52.5X120.5
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $4,369
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
2675 Richton Detroit, MI 48206
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