280 RICHTON Street, Highland Park, MI 48203 3466
280 RICHTON Street, Highland Park, MI 48203 3466
280 RICHTON Street, Highland Park, MI 48203 3466
280 RICHTON Street, Highland Park, MI 48203 3466
280 RICHTON Street, Highland Park, MI 48203 3466
280 RICHTON Street, Highland Park, MI 48203 3466
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 399,900
Est. payment | /mo

21,696 SqFt

Save
$ 399,900
Est. payment | /mo
Save

21,696 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Pending

Purchase Type For Sale

Square Footage 21,696 sqft

Price per Sqft $18

Subdivision Mi

MLS Listing ID 60308249

Annual Tax Amount $10,829

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 69.10 x 140.00

Property Sub-Type Commercial/Industrial

Property Description

Welcome Highland Park, MI! Nestled within a vibrant community, this charming apartment building offers a comfortable lifestyle just moments away from local amenities. Conveniently located near major highways and public transportation, commuting is a breeze. Don't miss out on this opportunity to experience urban living at its finest in Highland Park with easy access to Davison Freeway and the John C. Lodge Freeway. Investing in real estate in Highland Park, MI, presents opportunities for investors to benefit from affordability, potential appreciation, steady rental demand, favorable location, and redevelopment prospects. This property has been prepared for restoration. Looking for the right investor to take on a new project. There is a lot of opportunity and potential. Commercial storefronts can be used for business or be converted to add additional residential units. SALE OF THIS PROPERTY ALSO INCLUDES A VACANT LOT ACROSS THE STREET AT 279 RICHTON ST. This allows for future development opportunities to create additional profits and return on investment. 280 Richton St is a four story vacant brick building that includes 34 residential units as well as 4 commercial units on the ground level for a total of 38 units: Number of 1 Bedroom Units: 30 Number of 2 Bedroom Units: 3 Number of 3 Bedroom Units: 1 Number of Commercial Units: 4 Investing in real estate in Highland Park, MI, can be advantageous for several reasons: -Compared to nearby areas, real estate prices in Highland Park may be more affordable, offering opportunities for investors to acquire properties at lower costs. -Potential for appreciation: Highland Park is undergoing revitalization efforts, which could lead to an increase in property values over time as the area develops and improves.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family,Commercial

Interior

Heating Forced Air

Exterior

Roof Type Rubber

Building

Foundation Basement, Slab

Water Public Water

Structure Type Brick

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,Exchange/Trade

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Re/Max Connection

Nearby Locations

Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI 54143-1713, USA

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280 RICHTON Street