Detroit, MI 48224 3140,5025 Somerset Avenue
Detroit, MI 48224 3140,5025 Somerset Avenue
Detroit, MI 48224 3140,5025 Somerset Avenue
Detroit, MI 48224 3140,5025 Somerset Avenue
Detroit, MI 48224 3140,5025 Somerset Avenue
Detroit, MI 48224 3140,5025 Somerset Avenue
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$ 174,900
Est. payment | /mo

2 Baths

1,772 SqFt


Save
$ 174,900
Est. payment | /mo
Save

2 Baths

1,772 SqFt

OPEN HOUSE

Sat Jun 07, 1:00am - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $98

Subdivision Mi

MLS Listing ID 60398882

Style 2 Story

Full Baths 2

Year Built 1929

Annual Tax Amount $3,567

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X120

Property Sub-Type Multi-Family

Property Description

This updated Detroit duplex offers an excellent opportunity for both investors and owner-occupants, conveniently located near downtown Detroit, major freeways, and shopping centers. The property has undergone improvements, including a brand-new roof installed between 2024 and 2025, and a new furnace and hot water tank set to be installed before the appraisal in 2025. Updates extend throughout the home, featuring newly installed electrical and PVC plumbing systems completed in 2024. Each unit comes equipped with brand-new appliances, including a refrigerator, stove, oven, and range microwave, providing added convenience for tenants. A recently added privacy fence enhances outdoor comfort and security. The duplex brings in $700 per month with the upper one-bedroom unit renting and the lower two-bedroom unit brings in $1,200 per month. With all major systems updated and solid rental income history, this turnkey property is a smart, low-maintenance investment in one of Detroit’s resurging neighborhoods.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Residential

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick, Vinyl Siding

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick,Vinyl Siding

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by KW Metro
agent
Jeff McIntyre

Broker

+1(989) 277-3510 | jeff@homefieldmichigan.com

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5025 Somerset Avenue