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18
Photos
11493 SOMERSET Avenue, Detroit, MI 48224
$55,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
1
bath
1,042
sqft
Built in
1950
INVESTMENT OPPORTUNITY IN MORSS-MORANG DETROIT!! This is it! Located on the first block off Moross Rd. minutes away from Grosse Pointe Park. This home is ready for it’s next owner with construction experience. This property would work well for an investor looking for a value-add opportunity to flip OR rent out, or for an owner-occupant looking to make it their own. For investors interested in flipping: after repair value (ARV) of 130K+. Conveniently located within a few blocks of the new 8.2 million d*llar East Warren streetscape makeover! Great location minutes away from I-94, hospital, restaurants & shopping.So much potential for a visionary to turn this diamond in the rough into a cash cow or your new primary residence! Schedule your private showing today!
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Forced air, Natural gas
Exterior
- Style:
- Bungalow
- Pool:
- None
- Parking:
- No garage
Construction
- Roofing:
- Asphalt
- General:
- Brick, OneandOneHalf, Basement, Block
Location
- Road/Access:
- Paved
- Originating MLS:
- Realcomp II Ltd
- School District:
- Detroit
- County:
- Wayne
Lot
- Zoning:
- W SOMERSET 306 AND E 9 FT OF VAC ALLEY ADJ S C HADLEYS SUB L68 P63 PLATS, W C R 21/1010 41.50 X 126.19, W21I067338S013
Utilities
- Utilities:
- Above ground utilities, Cable available, Underground utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Realcomp II Ltd
This listing courtesy of:
RE/MAX Leading Edge, Nazareth Sanchez
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Detroit, MI
Housing
- Number of Units
- 292,561
- Median Home Value
- $70,234
- Median Rent
- $679
53.65% of housing units are renter occupied.
18.25% are vacant.
Commute
- Car
-
71.17%
- Public Transportation
-
5.99%
- Walk to Work
-
3.15%
- Work from Home
-
17.73%
- Other
-
1.42%
The median travel time to work is 23 minutes.
People
- Population
- 593,210
- Median Age
- 36.40
- Median Household Size
- 2.38
Education
- High School
-
33.32%
- Associate’s Degree
-
7.33%
- Bachelor’s Degree
-
9.43%
- Graduate Degree
-
6.96%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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