2988 Virginia Park Street, Detroit, Michigan 48206

$230,000

Property Details

  • MLS#: 20261081052
  • Bedrooms: N/A
  • Bathrooms: 2
  • Square Feet: 2,970
  • Price per Sqft: $77
  • Lot Size: N/A
  • Year Built: 1916
  • Property Type: ResidentialIncome
  • Transaction: For Sale
  • Listing Status: Active

Tax and Assessment Information

Tax and assessment information is unavailable.

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

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 2988 Virginia Park Street?

2988 Virginia Park Street is listed at $230,000, or $77 per square foot.

How many bedrooms does 2988 Virginia Park Street have?

This property has N/A bedrooms and 2 bathrooms, with 2,970 square feet of living space.

Ask about this property

Contact Sonic Realty to verify current availability or ask about this listing. A showing is only arranged after the listing team confirms it.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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