10620 Somerset Avenue, Detroit, Michigan 48224

$49,900

Property Details

MLS#: 20261049198
Bedrooms: 3
Bathrooms: 1
Square Feet: 1,681
Price per Sqft: $30
Lot Size: 0.11 acres
Year Built: 1938
Property Type: Residential
Status: Active
Days on Market: 55

Market Analysis

Estimated Value (CMA): $154,652
Area Avg Price/Sqft: $92
This Property: $30/sqft ($62 below area average)
Price Position: -68.0% vs comparable homes
Comparable Properties Analyzed: 11

Description

Investors! Don't miss your opportunity for cash flow with this well maintained multifamily colonial located on Detroits west side. Well maintained multifamily property located on Detroit’s desirable west side, offering a strong income-producing opportunity for investors or owner occupants. This property features two separate units with a total of three bedrooms, including one spacious 2-bedroom unit and one comfortable 1-bedroom unit. Both units have been well cared for and maintained, making this a turnkey investment with solid rental potential. The layout provides flexibility for live in ownership while collecting rental income, or for investors seeking a fully leased income property. With Detroit’s continued rental demand, this property offers a great return on investment (ROI) and strong long-term growth potential. Conveniently located near major roads, shopping, schools, and local amenities, this is an excellent opportunity to own a well maintained multifamily property in a high demand rental area. Schedule your showing today and take advantage of this great investment!

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 10620 Somerset Avenue?

10620 Somerset Avenue is listed at $49,900, or $30 per square foot.

How many bedrooms does 10620 Somerset Avenue have?

This property has 3 bedrooms and 1 bathrooms, with 1,681 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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