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$1,075,000
-- Bed
- 18 Baths
9 full baths + 9 half baths
16,546sqft
1197 Virginia Park St, Detroit, MI 48202
$1,075,000
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Multi Family
Built in 1916
$-- HOA
0.32 acre lot
$65/sq.ft
Description
Excellent investment opportunity in Detroit’s desirable Virginia Park neighborhood, located within an Opportunity Zone! This well-maintained 9-unit townhouse-style multifamily property in the New Center area offers strong rental potential and long-term upside.
The building features a diverse unit mix including six 2-bedroom units, two spacious 5-bedroom units, and one 4-bedroom unit—ideal for maximizing rental income. All units are currently occupied, providing immediate cash flow. All of the units were renovated in 2015 with 2 being renovated within 2 years with new kitchens.
Significant updates include a freshly painted exterior (2025) and brand-new gutters (2025). ...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1916
HOA Fees
-
Finished Area
16,546 sqft
Lot Size
0.32 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261017989
MLS Status
Active
Days on Market
123
Cumulative Days on Market
47
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