11600 Somerset Avenue Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48224 4102
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $109
Subdivision Park Drive 4
MLS Listing ID 60923905
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,100
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
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 Detroit (82001)
Rooms
Basement Unfinished
Interior
Hot Water Gas
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 2.0
Garage Yes
Building
Story 2 Story
Foundation Basement
Water Public Water
Architectural Style Bungalow
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional