River Rouge, MI 48218,217 RICHTER ST
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River Rouge, MI 48218,217 RICHTER ST
River Rouge, MI 48218,217 RICHTER ST
River Rouge, MI 48218,217 RICHTER ST
River Rouge, MI 48218,217 RICHTER ST

$175,000

Est. payment /mo
Est.Price: ?

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217 RICHTER ST River Rouge, MI 48218

3 Baths

2,390 SqFt

SOLD DATE : 10/17/2023

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 2,390 sqft

Price per Sqft $62

Subdivision Hoods Sub

MLS Listing ID 20230062205

Sold Date 10/17/23

Style Colonial

Full Baths 3

Year Built 1937

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type MultiFamily

Property Description

Looking for your newest investment! Look no further. This property is perfect for investors looking for a cash flowing property as well as owner occupants looking to house hack. This 3 unit multifamily home has 2 units currently occupied by long term tenants and a 3rd unit vacant that can easily be filled or used as a primary residence. Currently cash flowing $1,600 a month with the potential of $3,117 when occupied by section 8 tenants. There are two units with one bedroom and one bathroom which could be occupied at $952 for section 8 tenants and a final two bedroom unit which could be occupied at $1213 for section 8 tenants. All units are nicely updated including newer floors and updates and very well taken care of by current tenants. Property has been low maintenance for the seller for several years and is ready to be taken over!

Location

State MI

County Wayne

Area Area05144Riverrouge

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features Garage

Pool None

View Y/N No

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer, Sewer At Street

Water Public, WateratStreet

New Construction No

Schools

High Schools River Rouge

School District Riverrouge

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Call

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Realcomp MLS
Listed by Sotero M Lopez II of EXP Realty LLC
Bought with EXP Realty LLC
Leila Modetz

Leila Modetz

Agent | License ID: 6510410042

+1(248) 600-5878

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