9200 King Richard Street, Detroit, MI 48224
Local realty services provided by:Better Homes and Gardens Real Estate Connections
9200 King Richard Street,Detroit, MI 48224
$120,000
- 3 Beds
- 2 Baths
- 1,310 sq. ft.
- Single family
- Active
Listed by:terry thomas
Office:front page properties
MLS#:25041337
Source:MI_GRAR
Price summary
- Price:$120,000
- Price per sq. ft.:$91.6
About this home
I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $125,000
Why this is a winner:
Strong rental comps & resale demand in the area
Fully renovated = no rehab headaches
Great ROI potential for investors or a turnkey addition to their portfolio
If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
<á Property Type: Fully Renovated Brick Single Family Home
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
<? Lot Size: 5,663 sq ft
________________________________________
=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com
Contact an agent
Home facts
- Year built:1928
- Listing ID #:25041337
- Added:47 day(s) ago
- Updated:October 01, 2025 at 04:33 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:1,310 sq. ft.
Structure and exterior
- Year built:1928
- Building area:1,310 sq. ft.
- Lot area:0.13 Acres
Schools
- Elementary school:Wayne Elementary School
Utilities
- Water:Public
Finances and disclosures
- Price:$120,000
- Price per sq. ft.:$91.6
- Tax amount:$2,809 (2024)
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