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5095 Van Dyke Street

Detroit, MI 48214
  • $129,000
  • STATUS: Active
  • ON SITE: 125 Days
  • ID#: 20230092320
UPDATED: 75 min ago
$129,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,452
    SQFT
  • $53
    $/SQFT
Type:
Multi-Family
Built:
1918
County:
Zoning:
Multi-Family
Lot Size Dimensions:
30.00X114.89

School Ratings & Info

School District:

Description

5095-99 Van Dyke. 5095 Van Dyke: $1,200.00 per month (electrical, heat and water inc.) 5099 VAN DYKE: $750.00 per month (heat, water inc.) Tenant Occupied, do not disturb. Newly signed leases for both units in January 2024. Unlock instant equity at closing! New roof, new plumbing, electrical and heating completed. Income opportunity near the Packard Plant and Eastern Market. Become a landlord overnight. Both units rented at $1,950.00 per month total. Each unit has separate front and rear entry plus a in-unit laundry connection with separate electrical and private lower and upper rear decks. The third floor is unfinished but could become additional income unit or renovated to a second floor loft to the upper unit. Private gated parking in rear for 3 cars. DIY-with the right touches and a little TLC this could be a treasure. Bike or walk to work, entertainment, and the market - make everyday Earth Day. A turn-key income opportunity!

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IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-02T22:57:47.127.
www.refacmi.com/homes/144823501
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5095 Van Dyke Street Detroit, MI 48214

  • Price: $129,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 75 min ago
  • ID#: 20230092320
0
Beds
2
Baths
0
½ Baths
0.08
Acres
2,452
SQFT
$53
$/SQFT
1918
Built
Neighborhood:
Emily Burnetts Sub (Plats)
County:
Wayne
Area:
Det: 6-mack I75-conner
School District:
DETROIT
Property Description
5095-99 Van Dyke. 5095 Van Dyke: $1,200.00 per month (electrical, heat and water inc.) 5099 VAN DYKE: $750.00 per month (heat, water inc.) Tenant Occupied, do not disturb. Newly signed leases for both units in January 2024. Unlock instant equity at closing! New roof, new plumbing, electrical and heating completed. Income opportunity near the Packard Plant and Eastern Market. Become a landlord overnight. Both units rented at $1,950.00 per month total. Each unit has separate front and rear entry plus a in-unit laundry connection with separate electrical and private lower and upper rear decks. The third floor is unfinished but could become additional income unit or renovated to a second floor loft to the upper unit. Private gated parking in rear for 3 cars. DIY-with the right touches and a little TLC this could be a treasure. Bike or walk to work, entertainment, and the market - make everyday Earth Day. A turn-key income opportunity!
Exterior Features

Architecture Level 3 Story Architecture Style DuplexHistoricUpper/Lower Apartment Construction Materials Vinyl Exterior Features Fenced Foundation Details CrawlBasement Foundation Materials Brick/Mortar Lot Size Dimensions 30.00X114.89 Multifamily Parking Paved Parking Total 4 Pool YN No Porch Type BalconyDeckPorch Road Frontage Feet 30 Road Frontage Type Paved Roof Material Asphalt Side Of Street W Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Fireplace YN No Heating Steam Heating Fuel Natural Gas Living Area Source Public Records Sq Ft Combined 2452 Sq Ft Total Basement 500 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 2 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

Property Features

Down Payment Resource YN Yes Existing Lease YN Yes Gross Scheduled Income 23400.00 Homestead YN No Income Projection Actual Land Contract YN No Listing Financing CashConventionalFHA 203K Monthly Rental Income 1950 Net Operating Income 17400.00 Number Of Units Leased 2 Operating Expense 6000.00 Ownership Status Short Sale - NoPrivate Owned Percent Homestead Exempt YN No Pets Allowed Cats OKDogs OK Postal City Detroit Protection Period 180 Rent Includes HeatWater/SewerWaterYard Maintenance Settlement City Sewer Sewer at Street Short Sale No Tax Amount Summer 1122.5300 Tax Amount Winter 91.1600 Title Standard (Private) Total Tax 1213.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 5095 VAN DYKE Street Water Source Water at StreetPublic (Municipal) Year Remodeled 2000 Zoning Multi-Family

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Historic Realty Detroit: (313) 752-0533 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real Estate For A CAUSE and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real Estate For A CAUSE are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-03-02T22:57:47.127.
 
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