Detroit, MI 48224 3118,5731 SOMERSET Avenue
Detroit, MI 48224 3118,5731 SOMERSET Avenue
Detroit, MI 48224 3118,5731 SOMERSET Avenue
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$151,000
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2 BA
2,516 SqFt
Active

5731 SOMERSET Avenue Detroit, MI 48224 3118

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UPDATED:

10/26/2024 12:52 PM

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


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Berkshire Hathaway HomeServices The Loft Warehouse

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Mary Aubrey-Rogers

Broker Associate | License ID: 6506043343

+1(313) 319-5679

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5731 SOMERSET Avenue