$77,000
$84,900
9.3%For more information regarding the value of a property, please contact us for a free consultation.
1968 VIRGINIA PARK Street Detroit, MI 48206
2 Beds
2 Baths
2,764 SqFt
Key Details
Sold Price $77,000
Property Type Multi-Family
Sub Type Colonial,Duplex,Historic
Listing Status Sold
Purchase Type For Sale
Square Footage 2,764 sqft
Price per Sqft $27
Subdivision Mc Gregors (Plats)
MLS Listing ID 2220041167
Style Colonial,Duplex,Historic
Bedrooms 2
Full Baths 2
Year Built 1919
Annual Tax Amount $1,559
Lot Size 4,791 Sqft
Property Description
***OPPORTUNITY*** This MASSIVE duplex is ready for your creative genius and rehab flair! Located in the resurgent Virginia Park neighborhood, the property features 3 bedrooms, full bathroom, living room, dining room, and kitchen in each unit. Much of the historic beauty of the property is intact, including the fireplaces and most of the hardwood floors throughout the property. The property has ductwork for forced air, split utility meters for gas and electricity, and would make either a great rental property or rehab project to sell to an owner-occupant in this red-hot Detroit market! The property is conveniently located only a short distance from New Center and the numerous projects taking place in that vicinity. 2-unit multi-family properties in the area are renting for $1,400 per unit and selling in the $225-265K range so there is plenty of cash-flow in this for a buy and hold investor or for a fix-n-flip!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Residential
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash, Warranty Deed
Listing Terms Cash, Warranty Deed
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Bought with Berkshire Hathaway HomeServices The Loft Warehouse