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$ 220,000
Est. payment | /mo
3 Baths
4,356 Sqft Lot
$ 220,000
Est. payment | /mo
3 Baths
4,356 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261033046
HOA Y/N true
Year Built 1926
Annual Tax Amount $1,795
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X120.5
Source Realcomp
Property Description
Step into the possibilities at 3320 Richton a spacious brick multifamily property nestled in one of Detroit's historic and steadily revitalizing neighborhoods. With approximately 2,800 square feet of living space plus a finished lower level, this property offers the kind of scale and flexibility that's becoming harder to find in the city.Whether you're an investor looking to expand your portfolio, a homeowner seeking additional rental income, or a visionary buyer wanting to restore a classic Detroit property to its full potential, this home delivers opportunity from every angle.Configured as a 2-unit property, the layout creates multiple paths for ownership and income generation. Live in one unit while renting the other, create a multigenerational living setup, or renovate and reposition the property as a long-term investment in an area seeing renewed interest and redevelopment.Inside, you'll find generously sized bedrooms, solid structural character, and the timeless charm of Detroit architecture from the 1920s. The finished basement adds additional usable space and flexibility for storage, recreation, or future improvements.Located near major thoroughfares including Davison and Dexter, the property offers convenient access to Downtown Detroit, the Livernois corridor, the University District area, and growing community investments throughout the surrounding neighborhoods.For buyers with vision, this is more than just a property it's a chance to participate in Detroit's continued growth while creating value and equity along the way.With the right updates and personal touch, 3320 Richton has the potential to become a standout residence or strong income-producing asset.
Location
State MI
County Wayne
Zoning Multi-Family
Direction Davison to Dexter to Richton
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I003769S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Exit Ahead Realty
Nearby Locations
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