5095 VAN DYKE Street Detroit, MI $ 123,000
5095 VAN DYKE Street
$ 123,000
Share Save

5095 VAN DYKE Street

Detroit, MI, 48214
$ 123,000
Baths2.0 Sq 2,452

Monthly Estimate*

$ 859

5095 VAN DYKE Street, Detroit, MI 48214 - Image 1
5095 VAN DYKE Street, Detroit, MI 48214 - Image 2
5095 VAN DYKE Street, Detroit, MI 48214 - Image 3
Studio

Multi-Family Home for sale in Detroit, MI

for $123,000 with 2 full baths. This 2,452 square foot home was built in 1918 on a lot size of 0.08.

Don't miss out on this incredible Pingree Park Area Two Family Flat! Seller agrees to pay maximum allowable closing costs, not to exceed 6% of the purchase price. Currently rented at $1950.00 per month (electrical, heat and water included. 5095 Van Dyke: $1,200.00 and 5099 VAN DYKE: $750.00 per month (heat, water inc.). 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 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 an 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. Financing available with Scott Falconer at Prime Lending. Property is eligible for Neighborhood Edge grant program. Up to $7500.00 in closing cost assistance.(must qualify) Contact listing agent for details.

See more

Multi-Family Active

Price

$ 123,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,213

Style

Lot Size

0.08

Year Built

1918

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60267581

Features
General
Heating Steam
Possession Rental Agreement
Exterior Features Deck Fenced Yard Porch Exterior Balcony
Water Public Water Public Water at Street
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1918
Subdivision EMILY BURNETTS SUB (PLATS) MI
Water Heater Gas
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 17400
Percent Ownership Private
Municipality Detroit
Zoning Multi-Family
Area Detroit (82001)
Primary City Detroit
Directions I-75 to Mack make left take Mack to Gratiot make left take Gratiot to Van Dyke make right
City Detroit
School District Detroit City School District
Street Name VAN DYKE
Financial Terms Cash Conventional FHA 203K
Legal Description W VAN DYKE 140 EMILY BURNETTE SUB L24 P10 PLATS W C R 17/223 30
DOM 178
Postal Code 48213
Price Per Sq Ft 50.16
Coming Soon Don't miss out on this incredible Pingree Park Area Two Family Flat! Seller agrees to pay maximum allowable closing costs
See more
Exterior
Exterior Vinyl Siding
Frontage 30
Lot Size Area 0.08
Lot Dimensions 30.00X114.89
Roads Paved Street
Waterfront Y/N No
See more
Interior
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
See more
* Excluded Features
List By
Hubert Jason Hill

Listing Agent

Historic Realty Detroit

Broker

jason@historicrealtydetroit.com

Email

Affordability Calculator

$960
Per Month
89%
11%
0%
Monthly Principal & Interest
$859
Monthly Property Taxes
$101
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$123,000 -0.81% Price Down
3/9/2024$124,000 -3.88% Price Down
1/20/2024$129,000 -11.03% Price Down
11/27/2023$145,000 -2.68% Price Down
10/30/2023$149,000 Listed Price

Map


See all

5095 VAN DYKE Street, Detroit, MI, 48214 is a Multi-Family Home for sale at $123,000 with 2,452 sqft and a lot size of 0.08. 5095 VAN DYKE Street is a studio with 2.0 baths and was built in 1918. The property's zip code is 48214 which is in Detroit, MI