2675 Richton Street, Detroit, MI 48206

$310,000
5
BA

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Sold Price
$310,000
List Price
$340,000
Closing Date
Jun 15, 2026
Days on Market
25
MLS#
20261018232
Status
SOLD
Type
Multifamily
Bathrooms
5

Property Description

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.

Additional Information

Taxes
$4,369
Acres
0.14
Heating
Forced Air
School District
Detroit
Water
Public

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Listing courtesy of Listing Agent: Drake O'Donnell from Listing Office: NATOD Management.

Selling Agent: Selling Office: .

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