710 Virginia Park Street new

Detroit,MI 48202

$ 595000

5 Beds

7.5 Baths

5150 SqFt


Key Details

Property Type Multi-Family

Sub Type Colonial,Historic

Listing Status Active

Purchase Type For Sale

Square Footage 5,150 sqft

Price per Sqft $115

Subdivision Peerless Add 2

MLS Listing ID 20251044444

Style Colonial,Historic

Bedrooms 5

Full Baths 7

Half Baths 1

Year Built 1911

Annual Tax Amount $25,116

Lot Size 8,276 Sqft

Property Sub-Type Colonial,Historic

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 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!

Location

State MI

County Wayne

Area Det: Livernois-I75 6-Gd River

Zoning Multi-Family

Interior

Heating Hot Water

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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