$110,000
9200 King Richard Street
Detroit, MI, 48224
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: $115,000
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
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $115,000
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
Property Details
Price:
$110,000
MLS #:
25041337
Status:
Active
Beds:
3
Baths:
1.5
Address:
9200 King Richard Street
Type:
Single Family
Subtype:
Single Family Residence
City:
Detroit
Listed Date:
Aug 14, 2025
State:
MI
Finished Sq Ft:
1,310
Total Sq Ft:
1,310
ZIP:
48224
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1928
Schools
School District:
Detroit
Elementary School:
Wayne Elementary School
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
None
Laundry Features
Electric Dryer Hookup, Gas Dryer Hookup, In Basement
Exterior
Architectural Style
Ranch
Construction Materials
Brick
Parking Features
Garage Faces Side, Garage Faces Front, Detached
Financial
Tax Year
2024
Taxes
$2,809
Mortgage Calculator
Map
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9200 King Richard Street
Detroit, MI
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