2988 Virginia Park St, Detroit, MI 48206

$230,000
2
BA
2,970
SqFt

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List Price
$230,000
MLS#
20261081052
Status
ACTIVE
Bathrooms
2

Property 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!

Additional Information

Year Built
1916
Basement Type
Unfinished
Acres
0.15
Style
Colonial
Acres
0.15
School District
Detroit
Heating
Forced Air, Natural Gas
Exterior Features
Balcony
Garage Description
Shared Driveway

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Courtesy of EXP Realty Main 8885017085