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10551 Somerset Avenue Detroit, MI $ 75,000
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10551 Somerset Avenue
$ 75,000
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10551 Somerset Avenue

Detroit, MI, 48224
$ 75,000
Bedrooms1 Baths1.0 Sq 1,098

Monthly Estimate*

$ 498

10551 Somerset Avenue, Detroit, MI 48224 - Image 1
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10551 Somerset Avenue, Detroit, MI 48224 - Image 10
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.

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Single Family Active

Price

$ 75,000

Bedrooms

1

Full Bath

1

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

24024675
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Possession Subject To Tenant Rights
Architectural Style Bungalow
Construction Materials Brick
Year Built 1940
Stories 2
Township Detroit City
Property SubType Single Family Residence
Tax Year 2023
County Wayne
New Construction N
Property Type Residential
Garage Y/N N
Total Rooms 6
Status Active
Directions One Block west of Grayton
City Detroit
High School District Detroit
MLS Area Wayne County - 100
Lot Size Units Acres
Lot Size Square Feet 4792.0
Waterfront Y/N N
Carport Y/N N
Street Name Somerset
Land Lease Y/N N
Tax Annual Amount 1979.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 17
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 20126
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
Senior Community None
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Interior
Basement Full
Total Fireplaces 1
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 1
Half Baths 0
Street Suffix Avenue
Laundry Features In Basement
Total Bedrooms 1
Below Grade Finished Area 0.0
Electric On Property Y/N N
Main Level Bedrooms 0
Total Baths 1
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Exterior
Water Source Public
Lot Size Area 0.11
Spa N
Building Area Total 1098.0
Lot Dimensions 42x114
Lot Size Acres 0.11
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 10551
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* Excluded Features
List By
House Of Realty Llc

Broker

soldbygolden@gmail.com

Email

Affordability Calculator

$663
Per Month
75%
25%
0%
Monthly Principal & Interest
$498
Monthly Property Taxes
$165
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3706345 Elementary School
3706341 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
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

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