10361 Somerset Avenue Detroit, MI 48224
Listing Courtesy of: REALCOMP / Listed By: Realtyflo Inc

  10361 Somerset Avenue Detroit, MI 48224

Active (0 Days)
$110,000 (USD)
4
BED
2
BATH
1,364
SQFT

Description

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!

MLS #:
20261090396
Lot Size
4,792 SQFT
Type
Single-Family Home
Year Built
1938
School District
Detroit
County
Wayne County

Listed By

Eric L Brown, Realtyflo Inc
Source
REALCOMP
Last checked Nov 8 2026 at 2:25 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Subdivision
  • Leigh G Coopers Nottingha M Highlands
Property Features
  • Foundation: Basement
Heating and Cooling
  • Forced Air
Basement Information
  • Unfinished
Pool Information
  • 0
Utility Information
  • Utilities: Public (Municipal)
  • Sewer: Sewer (Sewer-Sanitary)
  • Fuel: Natural Gas
Garage
  • Detached
Stories
  • 2 Story
Living Area
  • 1,364 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 RealComp MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/4/24 07:12