$199,900

194 Richter Street, River Rouge, MI 48218

Multi-Family Home
Built in 1916
6,098sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

*** Highest and Best due by Friday 9/12 at noon *** Seize a prime investment opportunity at 194 Richter, River Rouge--a 8-bedroom, 4-bathroom quadplex currently operating as a rental! This well-maintained property features four spacious units, each crafted for comfortable living, ensuring steady rental income. Perfect for investors or those seeking a hassle-free income property, this quadplex offers strong cash flow potential in a desirable River Rouge location. Don't miss your chance to own this income-producing gem! This property also includes 192 Richter. This property is currently rented at $3,200 per month. No showings without an accepted offer.

Listing Status:: Active
Listing Office:: Cornerstone Real Estate : 734-316-5886
Listing Agent:: Jeremy Rhodes : 734-652-3778
MLS ID:: 70491971

Heating: Forced Air

General: BrickVinyl SidingBasement

Originating MLS: MiRealSource
County: Wayne

Zoning: 496A22 496A23 LOTS 22 AND 23 HOODS SUB PC 496 L16 P3 WCR

Source: MiRealSource

This listing courtesy of Jeremy Rhodes, Cornerstone Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

River Rouge STEM Academy at Dunn

163 Burke St, River Rouge, MI, 48218

Grades KG-8

0.32 miles away

River Rouge STEM Academy at Dunn

163 Burke St, River Rouge, MI, 48218

Grades KG-8

0.32 miles away

River Rouge Alternative Virtual Academy

10577 W Jefferson Ave, River Rouge, MI, 48218

Grades 5-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.