10551 Somerset Avenue Detroit, MI ^$ 75,000

10551 Somerset Avenue

^$ 75,000

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Recently Listed

10551 Somerset Avenue

Detroit, MI, 48224

^$ 75,000

Bedrooms1 Baths1.0 Sq 1,098

Monthly Estimate*

^$ 498

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10551 Somerset Avenue, Detroit, MI 48224 - Image 11

Single Family Home for sale in Detroit, MI

for $75,000 with 1 bedroom and 1 full bath. This 1,098 square foot home was built in 1940 on a lot size of 0.11.

INVESTMENT OPPORTUNITY! Don't miss this excellent opportunity to acquire a cash-flowing rental property that offers both immediate income and long-term growth potential. Act quickly as properties like this are in high demand among savvy investors! Current renter is paying $825 per month and property has C of C. Please do not walk the property. Please do not approach the tenants. MUST HAVE AN ACCEPTED OFFER TO SHOW PROPERTY. Property was previously listed, financing fell through.

Single Family Active

Price

^$ 75,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,979

Style

Bungalow

Lot Size

0.11

Year Built

1940

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70407120

Features

General

Heating Forced Air

Possession Subject To Tenant Rights

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1940

Style Bungalow

County Wayne

Class RESIDENTIAL

Type Single Family

Municipality Detroit

New Construction Y/N No

Subdivision MI

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions One Block west of Grayton

City Detroit

School District Detroit City School District

Street Name Somerset

Financial Terms Cash Conventional

Legal Description W SOMERSET S 14 FT 198 N 28 FT 197 LEIGH G COOPERS NOTTINGHAM HIGHLANDS SUB L55 P90 PLATS W C R 21/887 42 X 114

DOM 16

Postal Code 48224

Price Per Sq Ft Total 68.31

Coming Soon

Exterior

Exterior Brick

Frontage 42

Lot Size Area 0.11

Pool (Y/N) No

Lot Dimensions 42x114

Waterfront Y/N No

Interior

Beds 1

Total Rooms 6

* Excluded Features

List By

Jonathan Golden

Listing Agent

House Of Realty Llc

Broker

soldbygolden@gmail.com

Affordability Calculator

$663

Per Month

Monthly Principal & Interest: $498
Monthly Property Taxes: $165
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$115,042

Percent of Sale Price 53%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/17/2024	$75,000		Listed Price

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10551 Somerset Avenue, Detroit, MI, 48224 is a Single Family Home for sale at $75,000 with 1,098 sqft and a lot size of 0.11. 10551 Somerset Avenue has 1 bedrooms, 1.0 baths, and was built in 1940. The property's zip code is 48224 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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10551 Somerset Avenue

Single Family Home for sale in Detroit, MI

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