5731 Somerset Ave, DETROIT MI 48224
Property Address
5731 Somerset Ave DETROIT MI 48224
Lovely Brick Tudor Duplex near Detroits most sought after East English Village.
Property renovated – 2BR upstairs and 2BR downstairs with bathroom and kitchen for each unit.
Tenanted and cashflowing from day one, bring over 12.5% return nett after costs
Some great equity built into this property as well, and with new Fiat Chrysler plant going into only blocks away, this property value and rental return has nowhere to go but UP…
Property renovated – 2BR upstairs and 2BR downstairs with bathroom and kitchen for each unit.
Tenanted and cashflowing from day one, bring over 12.5% return nett after costs
Some great equity built into this property as well, and with new Fiat Chrysler plant going into only blocks away, this property value and rental return has nowhere to go but UP…
Property Details
House Size | 2309 sq ft |
Bedrooms: | 4 |
Bathrooms: | 2 |
Basement | Yes |
Garage: | Yes |
Lot Size: | 6098 sq ft |
Rental Return: | $1,350 USD per month |
Return on Investment: | 12.8% after deductions |
Est Market Value: | $125,000 USD |