Richmond Multi-Family Investment
70190 Main, Richmond, MI 48062
Multi-Family, 2 Story - Richmond, MI
Property size:
4,662 SFLot size:
0.34 AcresPrice / SF:
$117/SF- Added:
- Nov 14, 2025
- Days on Market:
- 188
- Last Refresh:
- May 21 at 9:06 am
Property Features for 70190 Main
General Information
- Property type
- Residential Multi Family
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Carport
- Patio and Porch features
- Porch
- Interior features
- Fire Sprinkler
- Exterior features
- Porch
- Basement Y/N
- 1
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active Under Contract
- APN
- 07-03-35-276-046
- Size
- 4,662 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9026
Utilities
- Heating system
- Baseboard, Forced Air, Radiant
- Cooling system
- Ceiling Fan(s), Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 5
- Building materials
- Vinyl Siding
- Architectural style
- Other
Listing agent Pam MacKay-LeVien License #6506044252 (586) 764-0496
Listing office KW Platinum 31525 23 Mile Rd., Chesterfield, MI (586) 949-0200
Listing date Nov 14, 2025
MLS# 50194315
Listing URL
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied, income‑producing five‑unit multi‑family property.
- Prime Richmond location, minutes from Downtown.
- Separately metered units for gas, electric, and water, ensuring low operating expenses.
- Rear duplex fully renovated in 2021 with all‑new utilities, interiors, and fire suppression system.
- Main house units feature updates including newer furnaces, hot water tanks, AC wall units, flooring, and kitchen/bath remodels.
- Month‑to‑month leases provide flexibility for the new owner.
Overview
This fully occupied five-unit multi-family property presents an investment opportunity, located minutes from Downtown Richmond. The property consists of two separate buildings. The main house is a triplex featuring a one-bedroom, one-bath unit of approximately 600 square feet, a two-bedroom, one-bath unit of approximately 850 square feet, and a two-bedroom, two-bath unit of approximately 1,100 square feet with a finished basement and carport. Each unit has been maintained with updates such as newer furnaces, hot water tanks, AC wall units, flooring, and kitchen and bath remodels. The rear duplex was fully converted in 2021 from a storage structure into two apartments. The renovation included all-new utilities for gas, water, sewer, and electric, along with new interiors, fixtures, flooring, and a fire suppression system. One unit offers three bedrooms and one bath, and the other includes two bedrooms, one bath, and a small office. All units are separately metered for gas, electric, and water. The property is situated on a 0.34-acre lot. Tenants are currently on month-to-month leases. With its recent updates, efficient utilities, and rental performance, this property is an income-producing investment in Richmond. The property size is 4,662 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Macomb
- State
- Michigan
- Longitude
- -82.759228
- Latitude
- 42.817929
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied five-unit property near Downtown Richmond.
Where is this apartment building located?
The property is located at 70190 Main Richmond, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Fully occupied, income‑producing five‑unit multi‑family property.; Prime Richmond location, minutes from Downtown.; Separately metered units for gas, electric, and water, ensuring low operating expenses.
