$ 151,000
5731 SOMERSET Avenue Detroit, MI 48224
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$ 151,000
Est. payment | /mo
2 Baths
6,098 Sqft Lot
$ 151,000
Est. payment | /mo
2 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240077158
Originating Board Realcomp
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 Wayne County - 100
Zoning Residential
Direction Take East Outer Drive West And After You Past Alter Road Make A Left On Somerset.
Interior
Heating Radiant
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W21I067478S001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Berkshire Hathaway HomeServices The Loft Warehouse
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Mike Himes
Lic# 501408694