2988 Virginia Park ST Detroit, MI 48206
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 2,042 sqft
MLS Listing ID 20261081052
Style Colonial
Full Baths 2
Year Built 1916
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type MultiFamily
Property Description
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
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Exterior Feature Balcony
Parking Features SharedDriveway
Pool None
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, FHA203K, VaLoan, WarrantyDeed
Listing Terms Cash, Conventional, FHA, FHA203K, VaLoan, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
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