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7
Bedrooms
3.0
Baths
2,794
Sqft
$115
Price/Sqft
0.16
Acres
About this home
This is a RARE opportunity to own a beautifully updated brick triplex in the highly sought-after Virginia Park Historic District — a prime investment with strong cash flow from day one.
Unit Breakdown (Fully Leased):
Unit 1: $1,300/month (3BR/1BA)
Unit 2: $1,350/month (3BR/1BA + Upper Loft Suite)
Unit 3 (Studio Loft): $650/month
Total monthly income: $3,300
Property Features:
Updated in 2019 with modern finishes throughout
Original hardwood floors in great condition
Natural sunlight in every room from oversized windows
Fireplaces in each main unit
Spacious kitchens, dining rooms, and living rooms
Large 3rd floor loft in the upper unit w/ full bath — perfect for primary suite, office, or flex space
Full, unfinished basement shared by tenants for storage or future potential
Long driveway + large backyard ready for customization
Investment Notes:
All units on active leases with solid tenant history
Rent roll and lease documentation available
Tenants pay utilities
Recently reinforced stairs/foundation work completed
Instant cash flow with further value-add opportunity
Potential to owner-occupy one unit in the future or convert back to large single-family if desired.
?? Walkthrough Policy:
To protect tenant privacy, walkthroughs will only be offered after an accepted offer.
Rent roll, photos, and lease information are available upfront for serious buyers.
Location:
Virginia Park is one of Detroit’s most vibrant historic neighborhoods — just minutes from Henry Ford Hospital, Wayne State University, and the New Center. Homes here are rarely available, especially updated, income-producing ones like this.
