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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2988 Richton St , Detroit, MI 48206
$193,000
Est. Payment: $428.89/mo
0 Bed
3 Bath
0 Sqft
Status: Pending | Days on site: 22
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432973 - 397289
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

INVESTMENT OPPORTUNITY! 2986 and 2988 Richton Street are multifamily properties offering approximately 2,600 square feet in Detroit. 2988 Richton is vacant. This property may be purchased individually or as part of a 25-property investment portfolio consisting of 24 additional properties throughout Detroit. The portfolio includes a mix of tenant-occupied and vacant properties, providing investors with an opportunity to acquire individual assets or a substantial residential portfolio in a single transaction. Contact the listing broker for the complete list of properties, portfolio pricing, rent roll, occupancy information, lease details, and additional information. Individual and portfolio offers will be considered. 2986 Richton is currently rented out for 1,400 a month. Do not distrub tenant
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Highlights

Listed by Antwuan M Hawkins , 734-330-6732 Five Star Luxury Realty , 734-330-6732.

Property Type

Multi-Family
Lot/Acreage
0.1

HOA Fee

Year Built

1927

County

Wayne

 School District

Detroit

Listing ID

20261062642

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$429
Taxes
$311
HOA
$0

Home Price

$193,000

Loan Details

30 yrs
%

Down Payment

20%
$38,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$428.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $428.89 $310.56 $0.00 $739.45
Yearly $5,146.67 $3,726.70 $0.00 $8,873.37
Total $154,400.00 $111,801.00 $0.00 $266,201.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.