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$ 509,000
Est. payment /mo
Price Dropped by $16K
710 Virginia Park Street Detroit, MI 48202 2033
8 Baths
5,150 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,150 sqft
Price per Sqft $98
Subdivision Mi
MLS Listing ID 60944127
Style 2 Story
Full Baths 7
Half Baths 1
Year Built 1911
Annual Tax Amount $25,116
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 50X163
Property Sub-Type Multi-Family
Property Description
Excellent Investment Opportunity in Detroit's Virginia Park District! This is an exceptional income-producing multi-family property located in the historic Virginia Park district of Detroit. This two-story building offers seven rentable units in a variety of layouts including three bedroom, two-bedroom, one-bedroom, and studio apartments ideal for maximizing occupancy and rental income. Many units feature modern updates such as new flooring, countertops, and appliances, while an on-site laundry facility adds extra convenience for tenants. Situated in the Virginia Park Historic District (listed on the National Register of Historic Places in 1982), this property enjoys a prime location near Woodward Avenue and the Q-Line, providing easy access to New Center, Midtown, and downtown Detroit. Whether you're an experienced investor or just entering the Detroit market, this property offers the perfect blend of historic charm, steady income potential, and unbeatable location! New Detroit PILOT program available for an immediate value add opportunity to substantially reduce property taxes! Inquire for more info!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Partially Finished
Interior
Heating Hot Water
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Jim Saros Real Estate Services
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