MI > Wayne > Detroit > 5025 Somerset Avenue

$40,000

Reduced ($5,000) on 02/21/2024

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  • 2 Units
  • 1,772 SqFt
  • MLS# 20230101357
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248-304-6700

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248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.
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.

Property Information

Status
Active 
Address
5025 Somerset Avenue 
City
Detroit 
Zip
48224 
Year Built
1929 
Style
Duplex 
Possession
At Close 
Architecture
2 Story 
Listing Date
12/03/2023 
Subdivision
East Detroit Development Cos No 3 (plats) 
County
Wayne 
Above Grade SqFt
1,772 
Total No of Units

School Information

School District
Detroit 

Taxes

Summer Taxes
$1,567 
Winter Taxes
$155 

Rooms and Land

Lot Dimensions
40.00 x 120.00 
Total Acres
0.11 

Features

Style
Duplex 
Exterior Features
Fenced 
Basement
Interior Entry (Interior Access), Unfinished 
Heating
Hot Water, Natural Gas 

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  • Market Statistics
  • Property History
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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230101357 Feb 21 2024 1:36PM $40,000 $45,000 159
20230101357 Active Pending Feb 20 2024 2:36PM 159
20230101357 Pending Active Dec 21 2023 3:36PM 159
20230101357 Active Dec 3 2023 6:36PM $45,000 159
20230052864 Withdrawn Active Nov 28 2023 2:06PM 140
20230052864 Nov 9 2023 12:36PM $50,000 $60,000 140
20230052864 Oct 20 2023 8:36PM $60,000 $69,000 140
20230052864 Aug 28 2023 10:05PM $69,000 $75,000 140
20230052864 Active Withdrawn Jul 12 2023 10:36PM 140
20230052864 Withdrawn Active Jun 30 2023 5:06PM 140
20230052864 Active Jun 29 2023 8:36PM $75,000 140
219068855 Expired Withdrawn Jul 2 2020 2:23AM 19
219068855 Withdrawn Active Oct 4 2019 10:36AM 19
219068855 Active Withdrawn Oct 2 2019 9:37AM 19
219068855 Withdrawn Active Jul 29 2019 2:07PM 19
219068855 Active Jul 12 2019 12:21PM $700 19
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Exclusive House Of Real Estate
(810) 498-4016
Office Address 4500 E Court Street

5025 Somerset Avenue Detroit
Contact us
$40,000
For Sale • No. of Units: 2