$19,900

3320 Richton Street

Detroit MI, 48206

Description

**GROUP HOME/HOSPICE OPPORTUNITY** This former duplex is currently set up to operate as a group/hospice/halfway home with an incredible 10 individual living spaces! The property does require repairs and updates, but has solid bones and features some updates; the upper unit's windows are all vinyl and could likely be inexpensively repaired and cleaned. There are also a significant number of electrical and plumbing updates, though some work will still need to be completed. Of further interest is the fact that neighboring duplexes 3306 and 3300 Richton are Detroit Land Bank Authority-owned and could potentially be purchased and developed after you buy and develop this property! Start building your Detroit real estate empire today!

Details

MLS#219054912
Sub-TypeResale
StatusActive
Year1926
Days On Site96

Features

SQ Feet2,800
Units1
Building(s)1

Market Activity 48206

Loading Form

Loading Form

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48206
AreaDet: Livernois-I75 6-Gd River
Listing VS Median (in 48206)
Price:
$19,900
low | high
Med:
$60,000
100% of Average
SqFt:
2,800
low | high
Med:
1,514
95.928571428571% of Average
$ / SqFt:
$7
low | high
Med:
$40
100% of Average
On Site:
96
low | high
Med:
47
100% of Average
Listing Updated: 09/16/2019
MLS Number: 219054912
Listing Provided By:
Ryan E Kain  of  RE MAX Leading Edge
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.