2928 Richton St, Detroit, MI 48206

Property Description

Unlock incredible income potential with this solid 4-unit multi-family building, each unit featuring three spacious bedrooms—a rare configuration that commands strong rents in the Detroit market. Located on historic Richton Street in the revitalizing Dexter-Linwood district, this property is ideal for investors seeking dependable cash flow and long-term appreciation. This well-maintained brick building offers major value, including: • Four (4) 3-bedroom units • Separate gas and electric meters—tenants pay their own utilities • Four (4) NEW furnaces—one for each unit, reducing future maintenance costs • Large living and dining rooms in each unit • Spacious kitchens with great layout potential • Shared basement with ample storage • Classic Detroit architectural character With high rental demand for 3-bedroom units in this area, investors can position this building for excellent monthly income. The separate utilities and new mechanicals make this an efficient, low-maintenance addition to any portfolio. Conveniently located near major corridors, public transit, schools, and ongoing neighborhood redevelopment, this property is well-situated for both stability and growth. Don’t miss out—schedule a tour today and discover the full potential of 2928 Richton Street!