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!
Listed By
Agency Name: Realtyflo Inc
Agency Phone: 3134667253
Shown By
Agent Name: Harding Real Estate Team
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimated Payment
$ 1,182.14 per month $615.31 Principal & Interest $534.75 Property Tax $32.08 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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10361 Somerset Avenue | MLS# 20261090396
This single family home located at 10361 Somerset Avenue , Detroit, Mi 48224 is currently listed for sale with an asking price of $110,000. This property was built in 1938 and has 4 bedrooms and 1 full and 1 partial baths with 1364 sq. ft. Somerset Avenue is located in the L E I G H G C O O P E R S N O T T I N G H A M H I G H L A N D S subdivision within the Detroit school district. Search L E I G H G C O O P E R S N O T T I N G H A M H I G H L A N D S real estate on www.hardingrealestateteam.com today.