2988 Virginia Park Street, Detroit, MI 48206
2988 Virginia Park Street, Detroit, MI 48206
2988 Virginia Park Street, Detroit, MI 48206
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$230,000
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2 Baths
6,534 Sqft Lot
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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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Jonathan Stowers

Jonathan Stowers

Agent License ID: 6501449876

+1(269) 675-0215

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2988 Virginia Park Street