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Sold for $243,500 on 02/16/24
  • $243,500

    3037 Van Dyke St, Detroit, MI 48214

    4beds
    2,035sqft
    Multi Family
    Built in 1914
    -- sqft lot
    $261,700 Zestimate®
    $120/sqft
    $1,186 Estimated rent

    What's special

    Discover a lucrative investment opportunity in Detroit's Islandview neighborhood which is prime for development. This meticulously remodeled duplex is located near Indian Village and West Village neighborhoods and offers savvy investors the chance to secure a prime cash-flowing property in an area that is seeing a lot of development. Currently, both units are tenant-occupied, ensuring immediate cash flow. The tenants cover all utilities and rent payments are managed by a trusted agency which ensures reliable monthly income.The property not only provides excellent returns but also opens up opportunities with the neighboring land, which could be utilized for added parking, the creation of a community garden, or embarking on new development ventures. This duplex is just moments away from an array of local restaurants, shops and cafes which makes it appealing to tenants seeking convenience and culture. Not to mention it's a short drive from downtown Detroit and a quick bike ride to Belle Isle.

    Zillow last checked: 7 hours ago

    Listing updated: February 17, 2024 at 08:41am

    Listed by:

    Tegest Walker 313-520-0336,

    Berkshire Hathaway HomeServices The Loft Warehouse

    Bought with:

    Roberta M Nebus, 6501367931

    Real Estate One-WB/FH

    Source: Realcomp II,MLS#: 20230083884MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,035 sqft
    • Finished area above ground: 2,035

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 3,049 sqft
    • Dimensions: 30.00 x 102.00
    Details
    • Parcel number: W17I010227S
    • Zoning description: MultiFamily, Residential
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block, Brick Mortar
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1914
    • Major remodel year: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Detroit
    • Subdivision: BEALS & CAMERONS

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $261,700

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $261,700