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About the Listing 431181 - 406276
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.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air,Electric,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2600
- Basement:
- Other: 3 Story,Forced Air
- Water: Community
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 28X165
- Zoning: Residential
- Roof:
- Others: Cedar,Wood,Paved
- Sewer: Sewer at Street
Financial Details
- Tax Amount: $4,258
- Taxes w/Assessments: N/A
- Tax/Property ID: W17I010312S002L
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1417 Van Dyke St Detroit, MI 48214
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