5025 Somerset Avenue
Detroit, MI 48224

  • – beds
  • 2 baths
  • 1,772 sqft
  • 4,792 sqft lot
  • $16 per sqft
  • 1929 build
  • on site

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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.

Realcomp MLS logo Listing courtesy of REALCOMP / Exclusive House of Real Estate

Last checked: Checking… • Last updated Apr 12, 2024 •

MLS# 20230101357 —

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Sale history

Date Event Source Price % Change
4/12/24
Sold REALCOMP $29,000 -27.5%
3/4/24
Pending REALCOMP $40,000
2/21/24
Price Changed REALCOMP $40,000 -11.1%

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Multifamily Sold on 4/12/2024

$29,000

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Exclusive House of Real Estate

(810) 498-4016

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IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2024 Realcomp II Ltd. Shareholders

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Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

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IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2024 Realcomp II Ltd. Shareholders.

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