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$127,500
Active

Detroit Area Residential

Active

3531 Somerset Avenue Detroit, MI 48224

3 Bed
2 Baths
1195 sqft
MLS# 20250016865
Turnkey Rental Property – Renovated Brick Bungalow Near Grosse Pointe in Morningside Neighborhood. Investors, don’t miss this incredible turnkey rental opportunity! This recently renovated (2024) brick bungalow is tenant-occupied with a signed lease through March 31, 2026, generating $1,275 per month in rental income. With its recent renovations in 2024, including a modern kitchen with granite countertops, main floor bathroom renovation, half bathroom addition to basement, LVP flooring throughout, fresh paint throughout, new hot water heater and 80% efficiency 60 BTU Furnace, an much more, this home requires minimal upkeep and offers an attractive rental experience for tenants. Located near the Grosse Pointe border in desirable Morningside Neighborhood, this home offers unbeatable convenience, within walking distance to popular restaurants and shops on Mack Avenue, including The Cracked Egg of Grosse Pointe and Alma Kitchen. Nearby, you’ll also find Aldi, Trader Joe’s, and other shops and restaurants, making this a highly desirable area for renters. The home features modern updates, renovated in 2024, and long-term rental stability, making it a hassle-free investment. With its prime location and steady cash flow, this is an excellent buy-and-hold opportunity for investors looking to expand their portfolio. To respect the tenant's privacy, showings will only be scheduled after an accepted offer.
Listing Courtesy of REALCOMP / Coldwell Banker Professionals / Brenda Meeuwenberg