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$ 400,000
Est. payment /mo
Pending
1417 Van Dyke Street Detroit, MI 48214
3 Baths
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20261010486
HOA Y/N true
Year Built 1917
Annual Tax Amount $4,258
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 28X165
Source Realcomp
Property Description
Unique mixed-use investment opportunity located at 1417 Van Dyke Ave, Detroit, MI. This three-story property features three income-producing units, including a street-level retail space currently operating as a bookstore, a successful Airbnb unit, and a residential rental. The bookstore space is presently vacant, offering immediate upside potential with projected rental income of approximately $1,400 per month once leased.Property is being offered with both the business opportunity and the real estate, creating flexibility for owner-operators or investors seeking multiple income streams. Ideal for those looking to expand their portfolio with a versatile asset in a growing area. Strong potential for increased cash flow through lease-up and continued short-term rental operation. Gas and electric are on separate meters. A rare chance to acquire a distinctive mixed-use property with built-in revenue and future growth potential.
Location
State MI
County Wayne
Zoning Residential
Direction N of Agnes W of Van Dyke
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Structure Type Wood Siding
Schools
School District Detroit
Others
Tax ID W17I010312S002L
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Clyde Realty LLC