10361 Somerset Ave

Detroit, MI 48224
  • $110,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,364

    SqFt
  • 0.11

    Acre

About the Listing 386963 - 391717

INVESTOR SPECIAL – SECTION 8 TENANT IN PLACE! INCOME-PRODUCING PROPERTY! Don't miss this investment opportunity at 10361 Somerset, Detroit, MI 48224! This property features an established Section 8 tenant currently generating $1,688 in monthly rental income, providing investors with an immediate cash-flow opportunity from day one. The tenant's portion of the monthly rent is only $68, while Section 8 covers the remaining $1,620, subject to program requirements and continued eligibility. That's $20,256 in scheduled annual rental income! Skip the hassle of finding a tenant and start with an occupied rental property. Whether you're expanding your rental portfolio or looking for your next income-producing investment, this property deserves your attention. Opportunities like this are worth considering. Don't wait! Submit your offer today before it's gone!

Listing Highlights for 10361 Somerset Ave

Status Pending
Days on Site 8
Property Type Residential
MLS ® 20261090396
Year Built 1938
Total Square Footage 1,364
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 4
  • Bathrooms: 1 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1364
  • Below Ground Sq Ft: 885
  • Basement: Unfinished
  • Other: 2 Story,Ground Level,Forced Air,3 Car
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: 3 car
  • Lot Dimensions: 40X123
  • Roof:
  • Others: Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)
  • Parking Features: Detached

Financial Details

  • Tax Amount: $6,417
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W21I067387S
  • Tax Year: N/A

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Listing Location

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10361 Somerset Ave Detroit, MI 48224

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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