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4621 Somerset Avenue

Detroit, MI 48224
  • $119,900
  • STATUS: Active
  • ON SITE: 95 Days
  • ID#: 2210072715
Price Reduced
UPDATED: 40 min ago
$119,900
  • 0
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,925
    SQFT
  • $62
    $/SQFT
Type:
Multi-Family
Built:
1928
County:
Zoning:
Multi-Family
Lot Size Dimensions:
40.00X120.00

School Ratings & Info

School District:

Description

Multi family home featuring 2-2 bedroom units, each with a full bath, kitchen, living room. Great investment opportunity! Both units currently leased out at $650/month, leases and ledgers in docs. Property will not last long! Land Contract terms available!

Monthly Payment Calculator



© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-05T19:56:03.68.
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4621 Somerset Avenue Detroit, MI 48224

  • Price: $119,900
  • Status: Active
  • On Site: 95 Days
  • Updated: 40 min ago
  • ID#: 2210072715
0
Beds
2
Baths
0
½ Baths
0.11
Acres
1,925
SQFT
$62
$/SQFT
1928
Built
Neighborhood:
East Detroit Development Cos No 3 (Plats)
County:
Wayne
Area:
Det Con-mors/Grat. Hstn/7 Mack
School District:
DETROIT
Property Description
Multi family home featuring 2-2 bedroom units, each with a full bath, kitchen, living room. Great investment opportunity! Both units currently leased out at $650/month, leases and ledgers in docs. Property will not last long! Land Contract terms available!
Exterior Features

Architecture Level 2 Story Architecture Style Other Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 40.00X120.00 Pool YN No Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 2.00 Heating Forced Air Heating Fuel Natural Gas Living Area Source Public Records Room Count 0 Sq Ft Combined 1925 Sq Ft Total Basement 600 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 2

Property Features

Assessment 0 Deposit Amount 20000.00 Down Payment Resource YN Yes Encroachment YN No Existing Lease YN Yes Gross Scheduled Income 15600.00 Income Projection Projected Land Contract YN Yes Land Interest Rate 10 Land Payment 877 Listing Financing CashConventionalLand Contract Monthly Rental Income 1300 Net Operating Income 13000.00 Number Of Units Leased 2 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Yes Postal City Detroit Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1717.0000 Tax Amount Winter 165.0000 Title Private - Owned Total Tax 1882.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 4621 SOMERSET AVE Water Source Municipal Water Zoning Multi-Family

IDX provided courtesy of Realcomp II Ltd., via Justin Neil & Associates, Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Alex Nugent Team | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-12-05T19:56:03.68.
 
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