710 Virginia Park Street, Detroit, MI 48202

$509,000
8
BA

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List Price
$509,000
Price Change
▼ $16,000 1787679460
Days on Market
325
MLS#
20251044444
Status
ACTIVE
Type
Multifamily
Bathrooms
8

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!

Additional Information

Taxes
$25,116
Acres
0.19
Association Amenities
Pets Allowed
Heating
Hot Water
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Daniel DeKeyser from Listing Office: Jim Saros Real Estate Services.

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