Surrounded by new construction, this 2-building property is a prominent corner mixed-use duplex at 2347 E Somerset, anchored by a long-term wing shop tenant paying $3,500/month NNN, with 6+ years remaining. The commercial tenant also uses the basement for office space, a half bath, and yard access for trash storage. The second-floor apartment is a freshly renovated 2-bedroom with a private deck, washer/dryer, dishwasher, central air, and all-new finishes; it is currently rented for $1,540/mo. This is an excellent pure investment play and an opportunity to own the adjacent properties. Owning the adjoining property simplifies commercial management, and the location offers easy access to I-95, local retailers, and major shopping centers. Can be purchased as a package with 2343 & 2345 E Somerset St. New sewer line to the street, new fire alarm system, and new security alarm system.
Listed by:
KW Empower
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 23, 2026 | 1 mo ago | Price decreased50,000 (8%) | $550,000 |
| May 5, 2026 | 2 mos ago | Price increased350,000 (58%) | $600,000 |
| May 4, 2026 | 2 mos ago | Price decreased649,999 (72%) | $250,000 |
| Mar 27, 2026 | 3 mos ago | Price decreased1 (0%) | $899,999 |
| Dec 2, 2025 | 7 mos ago | New on market | $900,000 |