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5025 Somerset Avenue Detroit, MI 48224
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Key Details
Sold Price $29,000
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
Sold Date 04/12/24
Style Duplex
Bedrooms 1
Full Baths 2
Originating Board Realcomp II Ltd
Year Built 1929
Annual Tax Amount $1,722
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00 x 120.00
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
Direction Warren Rd and Somerset (between Alter & Outer Drive)
Rooms
Basement Interior Entry (Interior Access), Unfinished
Interior
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Pool No
Waterfront no
Roof Type Asphalt
Porch Porch
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Duplex
Level or Stories 2 Story
Structure Type Aluminum,Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W21I067519S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with KW Metro
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