10835 Somerset Avenue, Detroit, MI 48224 1772
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10835 Somerset Avenue, Detroit, MI 48224 1772
10835 Somerset Avenue, Detroit, MI 48224 1772
10835 Somerset Avenue, Detroit, MI 48224 1772
10835 Somerset Avenue, Detroit, MI 48224 1772
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ILink Real Estate Co

ILink Real Estate Co

+1(419) 277-7127
$ 120,000
Est. payment /mo
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10835 Somerset Avenue Detroit, MI 48224 1772

3 Beds

1 Bath

938 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 938 sqft

Price per Sqft $127

Subdivision Silverman Sub

MLS Listing ID 61039017

Style 2 Story

Bedrooms 3

Full Baths 1

Abv Grd Liv Area 938

Year Built 1941

Annual Tax Amount $1,684

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40X119

Property Sub-Type Single Family

Property Description

Detroit Rental Portfolio -- Nine Properties Offered Individually, in Groups, or Together Take your pick: purchase one property, create a custom group, or acquire all nine properties for $872,000. The seller reports over $13,000 in monthly cash flow and over $155,000 in annual gross profit. Tenants pay all utilities and water, offering investors a portfolio with those costs paid by tenants. Request property-specific rent, lease, and expense information. Buyers to verify all income, expenses, occupancy, property details, and utility arrangements. These properties are all section 8 properties. The tenants pay under $1,000 each month meaning that over $12,000 is guaranteed cash flow. 10835 Somerset, Detroit, MI 48224 -- $120,000 | $1500 rent | owner pays water 19317 Marx, Detroit, MI 48203 -- $99,000 | $1400 rent 19734 Kingsville, Detroit, MI 48225 -- $85,000 | $1400 rent 10338 Balfour, Detroit, MI 48224 -- $99,000 | $1500 rent 20607 Moross, Detroit, MI 48224 -- $55,000 | $1100 Rent 20436 McCormick, Detroit, MI 48224, including 20430 McCormick, Detroit, MI 48224 -- $85,000 | $1400 rent 15099 Coyle, Detroit, MI 48227 -- $99,000 | $1400 rent 10639 Balfour, Detroit, MI 48224 -- $110,000 | $1615 18700 Kingsville, Detroit, MI 48225 -- $120,000 | $1700

Location

State MI

County Wayne

Area Detroit (82001)

Rooms

Basement Unfinished

Interior

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 1.5

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water

Architectural Style Bungalow

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,FHA,VA

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Realtyflo Inc
Nearby Locations
ILink Real Estate Co

ILink Real Estate Co

License ID: 2014002630

+1(419) 277-7127

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10835 Somerset Avenue