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Updated 2 days ago

The Richmond

VERIFIED

656 Lothrop Detroit, MI

1 Bed
•
1 Bath

425 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$775
425 ft2
1 Available

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Unit 104
$775
Available Now
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Where you'll live
Street View
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The Richmond
The Richmond
The Richmond
Location ratings
Walk Score®
92
Walker's Paradise
Transit Score®
55
Good Transit
Bike Score®
87
Very Bikeable
Amenities
On-site Laundry
Heat Included
Air Conditioning
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Hardwood Floors
Water Included
Intercom System
Elevator
Front Unit Sun Rooms
Virtual Walkthrough
Sewer Included
Secured Entry
Recently Renovated
Granite Countertop
High-speed Internet
Cable-ready
Stainless Steel Appliances
Carpet
Range / Oven
Microwave
Smoke-free Community
Fees & leasing info
Pets
No Pets Allowed
Parking
Off-street Parking
Garage - Attached
Lease & Fees
Security Deposit: $773.0
Property details
Description

~1/1 apt NEW CENTER~WALKING DISTANCE to HENRY FORD~HEAT & WATER INCL~ - **WALKING DISTANCE to HENRY FORD**

~ FREE HEAT & WATER ~

The Richmond
656 Lothrop

Sitting directly behind the Fisher Theatre, this two-story building, built in 1928, is located 1/2 mile from Wayne State University, 1 mile from the Detroit Medical Center, walking distance to Henry Ford and 3/4 mile from the College for Creative Studies.

~Resident pays electric and cooking gas
~Coin Operated Laundry on site
~Hardwood floors

Security deposit $775-1150 your credit determines

12 month lease

Cats and small dogs are welcome with a $250 non-refundable pet fee and $25 per month

Sorry, no Section 8

~~REQUIREMENTS~~

*600+ credit score
*Gross $2325+ monthly
*Same place of employment for 6 months+

Please call or text Debbie 586-799-2712

No Pets Allowed

(RLNE7779704)

Additional Details
Account Type: Other
Total Unit Count: 18
Last Updated: Updated 2 days ago
Contact Number: (567) 406-5705
Property manager information
Silverside Management
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Richmond by bedroom type below.
1 Bedroom
Suggested income:
$27,900
per year
Rent report

The Richmond Rent vs. Detroit Average

 The Richmond      Detroit Average
1BR
$775
$1,356
$0
$450
$900
$1,350
$1,800

The Richmond is asking 43% less than the average 1 bedroom apartment in Detroit.

If you upsized to an average priced Detroit 2 bedroom apartment, you would pay 7% more per month.

If you downsized to an average priced Detroit studio apartment, you would pay 8% less per month.

The Richmond provides 41% less square footage than the average Detroit 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Richmond
1BR $775 $1.80 $2,325
Detroit Average
Studio $1,249 $2.30 $3,748
1BR $1,356 $1.90 $4,067
2BR $1,457 $1.40 $4,371
3BR $1,247 $1.10 $3,741
4BR $1,432 $1.00 $4,296

Availability in Detroit

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 577 1BR units on the market in Detroit. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
12% 39% 26% 20% 3%
Available Units in Detroit
Studio 179
1BR 577
2BR 387
3BR 292
4BR 37
Location
Nearby Colleges

Wayne State University

Wayne County Community College District

University Of Detroit Mercy

Wayne County Community College District

University of Michigan-Dearborn

Campus Buildings and Attractions
Distance Walking Biking Driving
Student Center 1.1 mi 22 min 13 min 4 min
Purdy/Kresge Library 1.1 mi 22 min 9 min 3 min
College of Engineering 1.3 mi 25 min 11 min 3 min
Detroit Institute of Arts 1.3 mi 26 min 9 min 3 min
Matthaei Center 1.4 mi 27 min 12 min 4 min
Nearby Hospitals
Name Distance
Henry Ford Hospital 0.37 mi.
John D. Dingell Va Medical Center 1.4 mi.
Detroit Receiving Hospital & Univ Health Center 1.68 mi.
Nearby Fire Stations
Name Distance
Hamilton Volunteer Fire Department 1.69 mi.
Metro Fire Department, Ltd. 2.14 mi.
Hamtramck Fire Department 2.14 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 425 square feet.
Does this property allow cats or dogs?
Pets are not allowed at this property.
How many bedrooms are in the available units?
There are 1 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
The Richmond has a 1 bedroom unit starting at $775.
Where is this property located?
This property is at 656 Lothrop in Detroit, MI. It's 3.4 miles northwest from the center of Detroit.
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