5731 SOMERSET Avenue Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224 3118
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $60
Subdivision Mi
MLS Listing ID 60346733
Style 2 Story
Full Baths 2
Year Built 1929
Annual Tax Amount $1,648
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50.00 x 120.00
Property Description
Come check out your newest investment 5731 Somerset! This 2-unit property with 2 Beds and 1 bath each unit is ready to make you monthly income. This property is already rehab and occupied helping you fast-forward your investment into profit. The property is located near a freeway making a daily commute easier. With a cap rate of fourteen percent this property will make the new buyer a great return.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Block,Partially Finished
Interior
Heating Other-See Remarks,Radiant
Cooling Other
Fireplace No
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water,Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $340
Financing Cash,Conventional