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$119,900
Est. payment /mo
3 Beds
1 Bath
1,100 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $109
MLS Listing ID 20251023023
Bedrooms 3
Full Baths 1
Year Built 1943
Annual Tax Amount $4,824
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 42.5X126.14
Property Sub-Type Single Family Residence
Source Realcomp
Property Description
Discover an exceptional investment opportunity at 11600 Somerset, Detroit, MI 48224. This well-positioned property is currently rented out for $1,500 per month to a Section 8 tenant, providing a stable and consistent income stream for investors.Please do not disturb the tenant.With its strong structure and timeless appeal, this property stands out in a thriving Detroit neighborhood. It features high ceilings, a practical floorplan, and classic architectural details, offering an excellent foundation for long-term growth and stability.Located less than half a mile from Wayne County Community College – East Campus, the home is ideal for attracting student and faculty renters. The vibrant Mack Avenue business corridor is nearby, with shops, groceries, and popular eateries like Cadieux Café just minutes away. Residents also enjoy being 1.5 miles from Balduck Park's lush outdoor spaces and recreation.Families will value the convenience of Ronald Brown Academy only 0.7 miles away, with Meijer grocery store two miles to the west for everyday essentials. Quick access to I-94 means downtown Detroit is under a 20-minute drive, keeping tenants close to major employers, attractions, and entertainment venues.This sought-after eastside location offers solid cash flow and potential appreciation, enhanced by ongoing neighborhood development and city-backed revitalization. Investors will benefit from current rental income and the area's future growth prospects.Don't miss out on the chance to secure a proven Detroit investment with reliable returns. For more information about 11600 Somerset, contact your agent today. Remember, please do not disturb the tenant.
Location
State MI
County Wayne
Area Wayne County - 100
Direction Take Kelly to Morross south to Somerset west to property
Interior
Heating Forced Air
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N No
Garage Yes
Building
Story 2
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 21067322
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by JNA Real Estate
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- 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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