Detroit, MI 48224,5025 Somerset Avenue
$40,000
Est.Price: ?

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1 BD
2 BA
1,772 SqFt

5025 Somerset Avenue Detroit, MI 48224

Est. payment /mo
SOLD DATE : 04/12/2024

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $16

Subdivision East Detroit Development Cos No 3 (Plats)

MLS Listing ID 20230101357

Style Duplex

Bedrooms 1

Full Baths 2

Year Built 1929

Annual Tax Amount $1,722

Lot Size 4,791 Sqft

Property Sub-Type Duplex

Property Description

INVESTOR SPECIAL in MORNINGSIDE!
Previously set up as a duplex, but could also be converted back to a large single family home. Offering 1,772 sq ft and an unfinished basement (approx 1000 sq ft), there's plenty of room to bring your ideas to life! Make it your own or have an income producing property as a SFH or DUPLEX.
This home is sold as-is.
Currently set up as duplex featuring 2 bedrooms/1 bath on main floor and 1 bed/1bath on the second floor. Main floor is approx 1,000 sq ft, second floor is approx 770 sq ft.
Partially fenced back yard.
The vacant land next door is currently owned by Detroit Land Bank.
Projected monthly rental income is based of off similarly sized single family homes recently leased within 0.5 miles.

There is no garage.
The purchaser will be required to sign an agreement with the land bank in regards to fixing the property up in a timely manner.

CASH ONLY.
BATVAI.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Residential

Interior

Heating Hot Water

Exterior

Exterior Feature Fenced

Roof Type Asphalt

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Aluminum,Brick

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

Read Less


Realcomp MLS
Listed by Amanda Johnson Bashor of Exclusive House of Real Estate
Bought with KW Metro

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agent

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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