710 Virginia Park StreetDetroit, MI 48202
$509,000
Listing courtesy of Jim Saros Real Estate Services
7
Beds
8
Baths
6,787
Sqft
About
This Home
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!
Details
- Property Type
- Residential Income
- Style
- Multi Family
- Year Built
- 1911
- Lot Size
- 0.19 acres
- Garage Spaces
- 0
- Heating
- Hot Water, Natural Gas
- Cooling
- None
- Basement
- Full, Partially Finished
- Annual Taxes
- $25,116
- MLS #
- 20251044444
About Detroit
Michigan's largest city, with a revitalized downtown and riverfront, the Midtown cultural district and historic neighborhoods like Indian Village and Boston-Edison. Home styles range from grand early-1900s homes to lofts and new construction.
Gallery
Listing courtesy of Jim Saros Real Estate Services. MLS # 20251044444. Information is deemed reliable but not guaranteed and should be independently verified.
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