5731 SOMERSET Avenue new

Detroit,MI 48224

$ 151000

2 Beds

2 Baths

2516 SqFt


Key Details

Property Type Multi-Family

Sub Type A-Frame

Listing Status Active

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $60

Subdivision Rabauts L C Somerset Drive No 1

MLS Listing ID 20240077158

Style A-Frame

Bedrooms 2

Full Baths 2

Year Built 1929

Annual Tax Amount $1,648

Lot Size 6,098 Sqft

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 Det Con-Mors/Grat. Hstn/7 Mack

Zoning Residential

Interior

Heating Other,Radiant

Exterior

Garage Spaces 2.0

Pool No

Waterfront no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street

Water Public (Municipal),Water at Street

Structure Type Brick

Schools

School District Detroit

Others

Assessment Amount $340

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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