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+15868545396
Community Choice Realty
1417 Van Dyke Street, Detroit, MI 48214
- $400,000
- 3
- BA
- 2,600
- SqFt
- List Price
- $400,000
- Status
- PENDING
- MLS#
- 60971424
- Days on Market
- 15
- Style
- Colonial
- Year Built
- 1917
- Bathrooms
- 3
- Acres
- 0.11
- Living Area
- 2,600
- Municipality
- Detroit
- Region
- Detroit
- Township
- Detroit
- Subdivision
- Shipherds Sub
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.
Additional Information
- Lot Dimensions
- 28 x 165
- Heating
- Forced Air
- Basement
- Yes
- Basement Description
- MI Basement
- Sewer
- Public At Street
- Water
- Community
- School District
- Detroit City School District
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Listing Courtesy of Clyde Realty LLC, Office Phone: 313-974-1830
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.