1417 Van Dyke Street, Detroit, Michigan 48214

$400,000

Property Details

MLS#: 20261010486
Bedrooms: N/A
Bathrooms: 3
Square Feet: 2,600
Price per Sqft: $154
Lot Size: 0.11 acres
Year Built: 1917
Property Type: ResidentialIncome
Status: Active
Days on Market: 5

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

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 1417 Van Dyke Street?

1417 Van Dyke Street is listed at $400,000, or $154 per square foot.

How many bedrooms does 1417 Van Dyke Street have?

This property has N/A bedrooms and 3 bathrooms, with 2,600 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

Similar Homes for Sale in Detroit

2233 Sheridan Street, Detroit — $400,000 · 5bd · 2ba · 2,636sqft
100 Chandler Street, Detroit — $400,000 · 6ba · 4,000sqft
17360 NORTHLAWN Street, Detroit — $400,000 · 3bd · 1ba · 2,760sqft
9948 Roseberry Street, Detroit — $400,000 · 7ba · 3,216sqft
991 Euclid Street, Detroit — $399,999 · 4bd · 2ba · 1,762sqft
491 GRAND Boulevard, Detroit — $399,999 · 10bd · 4ba · 3,904sqft
491 GRAND Boulevard, Detroit — $399,999 · 4ba · 3,904sqft
1450 Townsend Street, Detroit — $399,900 · 2bd · 2ba · 1,304sqft