217 Richter Street
River Rouge, MI 48218
- – beds
- 3 baths
- 2,390 sqft
- 5,663 sqft lot
- $62 per sqft
- 1937 build
- – on site
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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!
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Last updated Apr 2, 2024
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MLS# 20230062205 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/17/23
Oct 17, 2023
|
Sold | REALCOMP | $150,000 | -14.3% |
|
8/28/23
Aug 28, 2023
|
Sold Subject To Contingencies | REALCOMP | $175,000 | |
|
7/27/23
Jul 27, 2023
|
Listed / Active | REALCOMP | $175,000 |