5095 VAN DYKE Street, Detroit, MI 48213

$115,900 Asking Price

6 beds
2 baths
2,456  sqft
Built in 1918

Discover your next profitable venture in the heart of the rapidly revitalizing Pingree Park Area! A community known for its rising property values, enhanced safety, and cleanliness. This rare gem won't last long on the market – act now! ?? 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. Meticulously Maintained: Featuring a brand-new roof, newer boiler, and hot water tank, plus fully updated plumbing and electrical systems, ensuring peace of mind and minimal future expenses. Charm Meets Modern Efficiency: Delight in the blend of charming architectural details and modern updates designed for today's savvy investor and discerning tenant. ?? 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. Whether you’re an experienced investor or just starting to build your portfolio, this property is a golden opportunity. 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!


Features & Amenities

Interior

Laundry:
Gas dryer hookup, Laundry room, Washer hookup
Basement:
Unfinished
Heating:
Hot water, Natural gas

Exterior

Style:
Historic
Pool:
None
Parking:
Assigned 2 spaces, Driveway, No garage

Construction

General:
Vinyl siding, Three, Crawl space, Michigan basement

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Detroit
County:
Wayne

Lot

Zoning:
W VAN DYKE 140 EMILY BURNETTE SUB L24 P10 PLATS, W C R 17/223 30 X 114.89A, W17I010085S
Fencing:
Back yard, Fenced

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
Historic Realty Detroit, Jason Hill

About Detroit, MI

Housing

Number of Units
292,561
Median Home Value
$70,234
Median Rent
$679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car
71.17%
Public Transportation
5.99%
Walk to Work
3.15%
Work from Home
17.73%
Other
1.42%

The median travel time to work is 23 minutes.

People

Population
593,210
Median Age
36.40
Median Household Size
2.38

Education

High School
33.32%
Associate’s Degree
7.33%
Bachelor’s Degree
9.43%
Graduate Degree
6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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