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Jenn Smart

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280 Richton , Highland Park, MI 48203
$399,900
Est. Payment: $2,083.93/mo
0 Bed
0 Bath
21696 Sqft
Status: pending | Days on site: 491
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Dennis Jakub , 734-355-8858 Re/Max Connection , 248-505-2509. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.22

Year Built

19

County

Wayne

Area

Detroit (82001)

Neighborhood

Bessenger & Moore Sub - H. Park

Listing ID

60308249

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:21696
Water:Public Water

Exterior Features

Lot Dimensions:69.10 x 140.00
Zoning:Multi-Family,Commercial
Roof:Rubber
Principal Interest
$2,084
Taxes
$902

Home Price

$399,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$79,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,083.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,083.93 $902.42 $0.00 $2,986.35
Yearly $25,007.21 $10,829.00 $0.00 $35,836.21
Total $750,216.43 $324,870.00 $0.00 $1,075,086.43
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Highland Park, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T07:12:09.900Z

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