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Listing Courtesy Of:
EXP Realty LLC, (888) 501-7085, Mike Hakim
Listing Sold By:
National Realty Centers
Local Realty Services Provided By:
KW Metro
Overview
What It'll Cost
Neighborhood
Similar Homes
12211 SANTA ROSA Drive, Detroit, MI 48204
2 Baths
12211 SANTA ROSA Drive, Detroit, MI 48204
Estimation provided by Keller Williams Realty Inc.
2 Baths
Sold
Sold
Property Description
Welcome to a lucrative investment opportunity! Each of the two units in this property offers 3 spacious bedrooms and 1 full bath, providing an ideal living space for potential tenants. With a monthly rental rate of $1,300 per unit, the total potential monthly income stands at $2,600, presenting a solid and reliable cash flow for investors. At this rental rate, the property demonstrates a strong return on investment, with an annual potential income of $31,200. This attractive income potential, combined with the property's well-maintained condition and strategic location, positions it as an excellent choice for investors seeking a robust and consistent return.
Property Details
Compare This Home
Overview
Property Type
Multifamily
Property Size
Year Built
1925
Days on Site
489 Days
HVAC
Forced Air
Parking
1 Parking Space
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$110,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/20/2024
Price Decrease
(-7.02% )
03/17/2024
Price Decrease
(-0.07% )
02/26/2024
Price Decrease
(-3.73% )
02/19/2024
Price Decrease
(-0.36% )
01/30/2024
Price Decrease
(-0.14% )
01/19/2024
Price Decrease
(-0.07% )
01/08/2024
Price Decrease
(-6.04% )
12/18/2023
Price Decrease
(-5.1% )
12/11/2023
Price Decrease
(-7.59% )
11/30/2023
Listed
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2020
(+10.39% )
No Breakdown Available
2019
(+14.45% )
No Breakdown Available
2018
(+399.08% )
No Breakdown Available
2017
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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market snapshot
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Transit & Commute
Estimated commute times from Grand Meyer
Car-Dependent
Walkable
Very Walkable
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