MI > Detroit
Detroit, MI 48224,3531 SOMERSET Avenue
Detroit, MI 48224,3531 SOMERSET Avenue
Detroit, MI 48224,3531 SOMERSET Avenue
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$127,500
Est. payment /mo
3 Beds
2 Baths
1,195 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,195 sqft

Price per Sqft $106

MLS Listing ID 20250016865

Bedrooms 3

Full Baths 1

Half Baths 1

Originating Board Realcomp

Year Built 1939

Annual Tax Amount $2,137

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 62.00 x 86.00

Property Sub-Type Single Family Residence

Property Description

Turnkey Rental Property – Renovated Brick Bungalow Near Grosse Pointe in MorningsideNeighborhood. Investors, don't miss this incredible turnkey rental opportunity! This recently renovated (2024) brick bungalow is tenant-occupied with a signed lease through March 31, 2026, generating $1,275 per month in rental income. With its recent renovations in 2024, including a modern kitchen with granite countertops, main floor bathroom renovation, half bathroom addition to basement, LVP flooring throughout, fresh paint throughout, new hot water heater and 80% efficiency 60 BTU Furnace, an much more, this home requires minimal upkeep and offers an attractive rental experience for tenants. Located near the Grosse Pointe border in desirable Morningside Neighborhood, this home offers unbeatable convenience, within walking distance to popular restaurants and shops on Mack Avenue, including The Cracked Egg of Grosse Pointe and Alma Kitchen. Nearby, you'll also find Aldi, Trader Joe's, and other shops and restaurants, making this a highly desirable area for renters. The home features modern updates, renovated in 2024, and long-term rental stability, making it a hassle-free investment. With its prime location and steady cash flow, this is an excellent buy-and-hold opportunity for investors looking to expand their portfolio. To respect the tenant's privacy, showings will only be scheduled after an accepted offer.

Location

State MI

County Wayne

Area Wayne County - 100

Direction Just N of Mack Ave between Alter and Outer Drive

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Garage No

Building

Story 2

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I067611S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Coldwell Banker Professionals-Northville

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agent

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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REVIEWS

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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