Detroit, MI 48206,1968 VIRGINIA PARK Street

$77,000

Est. payment /mo

$84,900

9.3%
Est.Price: ?

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1968 VIRGINIA PARK Street Detroit, MI 48206

2 Beds

2 Baths

2,764 SqFt

SOLD DATE : 06/14/2022

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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Realcomp MLS
Listed by Ryan E Kain of RE/MAX Leading Edge
Bought with Berkshire Hathaway HomeServices The Loft Warehouse
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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