For sale

10361 Somerset Avenue
Detroit, MI 48224

$110,000

Bedrooms
4
Bathrooms
2
Finished sq ft
1,364
Lot
0.11 acres
Year built
1938
Garage
3 spaces
Property type
Single Family Residence
County
Wayne
MLS #
20261090396

About this home

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!