See all 12 photos
$230,000
Est. payment /mo
2 Baths
6,534 Sqft Lot
New
2988 Virginia Park Street Detroit, MI 48206
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261081052
HOA Y/N true
Year Built 1916
Annual Tax Amount $3,262
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 53X125X53X126
Source Realcomp
Property Description
Rare 3-Bedroom Two-Family Flat – Renovated & Income Producing!Don't miss this beautifully renovated two-family flat offering an exceptional opportunity for investors or buyers looking to house hack in Detroit. Located near the historic Boston-Edison District, this spacious multifamily property features three bedrooms plus a bonus room in EACH unit, giving tenants significantly more space and flexibility than the typical two-family flat.Both units have been thoughtfully updated with modern kitchens, renovated bathrooms, new flooring, updated electrical, updated plumbing, and new vinyl siding, creating a fresh, move-in-ready property with many of the major improvements already completed.Even better, each unit is currently rented for $1,200 per month, generating $2,400 in gross monthly rental income / $28,800 annually.The property also offers a full basement with plenty of storage and a spacious lot. Centrally located with convenient access to major freeways and just minutes from Downtown Detroit, shopping, dining, entertainment, and some of the city's most recognizable neighborhoods.Whether you're looking to expand your rental portfolio, generate immediate income, or eventually occupy one unit while renting the other, this property offers multiple investment strategies.Renovated. Income producing. Three bedrooms in each unit. This is one you'll want to see—schedule your showing today!
Location
State MI
County Wayne
Zoning Multi-Family
Direction North of W Euclid St, west of Lawton St, near W Philadelphia St.
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Handicap Access Accessible Kitchen Sink
Building
Structure Type Brick,Vinyl Siding
Schools
School District Detroit
Others
Tax ID W12I001851C2
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by EXP Realty Main
NEARBY SCHOOL & BUSINESS
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