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1613 Virginia Park Street

Detroit, MI 48206
Square Ft.
3,109
Pending
Multifamily
Property Photo
$315,000
This three-unit multifamily property in Detroit's New Center presents a rare combination of immediate income and long-term upside, producing approximately $40,000 in annual gross revenue with tenants already in place. The asset is comprised of two spacious three-bedroom units and one studio unit, all featuring updated MEP systems and renovated… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Douglas Rose Realty, (810) 623-0228.
Listing Snapshot
Days Online
36
Last Updated
Property Type
Multifamily
Square Ft.
3,109
Lot Size
0.16 Acres
Year Built
1919
MLS Number
20251032172
30 Days Snapshot Of 48206
$119k
-17%
(avg) sold price
10
-44%
homes sold
76
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
3 total units, 3 leased units, 1 efficiency unit, 2 three-bedroom units, Built in 1919, Remodelled in 2019, Architectural style: Historic, Other, Upper/Lower Apartment, Brick, 3,109 total square feet, 3,109 combined square feet, 1,371 total basement square feet, Unit count: 3
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Natural Gas, Public (Municipal)
Heating
Forced Air, Separate Meters, Natural Gas
Lot
Lot size area: 0.16, Lot size dimensions: 40 x 174
Miscellaneous
Gross scheduled income: $39,600, Income projection: Actual, Monthly rental income: $3,300, Net operating income: $25,740
Parking
4 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $3,708, Tax amount (winter): $1,900
Sewer
Sewer (Sewer-Sanitary), Sewer at Street
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Monthly Payment
$0
Ed Roberts
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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 KNE Realty 360 and Kristi Roberts, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via KNE Realty 360 and Kristi Roberts, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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