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1197 VIRGINIA PARK Street

Detroit, MI 48202
Square Ft.
11,100
$1,075,000
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.A;A;The building features a diverse unit mix including six 2-bedroom units, two spacious 5-bedroom units, and one 4-bedroom unit… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Somerset, [email protected], (248) 649-7200.
Listing Snapshot
Days Online
25
Last Updated
Property Type
Multifamily
Square Ft.
11,100
Lot Size
0.32 Acres
Year Built
1916
MLS Number
20261017989
30 Days Snapshot Of 48202
$118k
+8%
(avg) sold price
11
+37%
homes sold
103
+13%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Finished, Private, Basement?: 1
Building
9 total units, 8 leased units, 6 two-bedroom units, Built in 1916, Remodelled in 2015, Architectural style: Other, Brick, 11,100 total square feet, 16,546 combined square feet, 5,446 lower floor square feet, 5,446 total basement square feet, Unit count: 9
Exterior Features
Private Entry
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.32, Lot size dimensions: 80.00X172.00
Miscellaneous
Gross scheduled income: $139,200, Income projection: Actual, Monthly rental income: $11,600, Net operating income: $103,887
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $3,706, Tax amount (winter): $1,812
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Garrett Blair
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Northwestern High School 313-596-0700 Public 9-12
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Thirkell Elementary-Middle School 313-596-0990 Public KG-8
Northwestern High School 313-596-0700 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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