River Rouge, MI 48218,194 Richter Street
River Rouge, MI 48218,194 Richter Street
River Rouge, MI 48218,194 Richter Street
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$198,900
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6,098 Sqft Lot
Active

194 Richter Street River Rouge, MI 48218

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality River Rouge City

MLS Listing ID 25045314

Year Built 1916

Annual Tax Amount $3,643

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 60X100

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Check out this 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.

Location

State MI

County Wayne

Area Wayne County - 100

Rooms

Basement Partial

Interior

Heating Forced Air

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Total Parking Spaces 4

Building

Sewer Public Sewer

Structure Type Brick,Vinyl Siding

New Construction No

Schools

School District River Rouge

Others

Tax ID 50-005-06-0022-000

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional


Listed by Cornerstone Real Estate

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Mark Schmansky

Mark Schmansky

Founder/Associate Broker | License ID: 6501380043

+1(248) 701-0207

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194 Richter Street