MI > Detroit > Park Drive 4
Detroit, MI 48224 4102,11600 Somerset Avenue
Detroit, MI 48224 4102,11600 Somerset Avenue
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David Godin

David Godin

+1(586) 416-0600
$ 119,900
Est. payment | /mo

3 Beds

1 Bath

1,100 SqFt

Save
$ 119,900
Est. payment | /mo
Save

3 Beds

1 Bath

1,100 SqFt

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

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by JNA Real Estate
David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

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11600 Somerset Avenue