5095 VAN DYKE Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240055475
Year Built 1918
Annual Tax Amount $1,219
Lot Size 3,484 Sqft
Property Description
AS-IS sale. Discover your next profitable venture in the heart of the rapidly revitalizing Pingree Park Area! A community known for its rising property values. This property needs some work, but is a perfect investment property for the hands on landlord that wants to grow their real estate portfolio.?? Property highlights include:Current Income: Twenty-Four Thousand a year Roomy & Comfortable: Each spacious unit boasts 3 generous bedrooms and 1 full bathroom, perfect for growing families or young professionals. Newer roof, newer boiler, and hot water tank, plus fully updated plumbing and electrical systems, ensuring peace of mind and minimal future expenses.?? Area features include: Vibrant Community: Become part of a thriving neighborhood where blighted and vacant homes are quickly disappearing, replaced with beautifully renovated properties.Prime Location: Conveniently located near Detroit Prep, Indian Village and Eastern Market and public transportation ? everything you need is just a stone's throw away. With its high desirability and strong rental income, it presents the perfect blend of stability and growth potential. Don?t miss your chance to invest in Pingree Park?s bright future!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Interior
Heating Steam
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA