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710 Virginia Park St, Detroit, MI, 48202

7beds
7baths
6,787sqft
$525,000
$77price/sqft
$5,163/moest. monthly cost
$206,520/yrincome needed

About This Home

Excellent Investment Opportunity in Detroit’s Virginia Park District! This is an exceptional income-producing multi-family property located in the historic Virginia Park district of Detroit. This two-story building offers seven rentable units in a variety of layouts including three bedroom, two-bedroom, one-bedroom, and studio apartments ideal for maximizing occupancy and rental income. Many units feature modern updates such as new flooring, countertops, and appliances, while an on-site laundry facility adds extra convenience for tenants. Situated in the Virginia Park Historic District (listed on the National Register of Historic Places in 1982), this property enjoys a prime location near Woodward Avenue and the Q-Line, providing easy access to New Center, Midtown, and downtown Detroit. Whether you’re an experienced investor or just entering the Detroit market, this property offers the perfect blend of historic charm, steady income potential, and unbeatable location! New Detroit PILOT program available for an immediate value add opportunity to substantially reduce property taxes! Inquire for more info!

Getting Around

77
WalkingVery Walkable
53
TransitGood Transit
68
BikeBikeable

Schools

4/10
4/10
Northwestern High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1911

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial,Historic
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 7
  • Full bathrooms: 7
  • 1/2 bathrooms: 1

Features

  • Finished area below ground: 1,637
  • Finished area above ground: 5,150

Heating

  • Heating features: Hot Water,Natural Gas

Interior Area

  • Total interior livable area: 6,787 sqft

Property

Details

  • Parcel number: W04I001914S
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 8,276 sqft
  • Lot size dimensions: 50 x 163