12211 Santa Rosa Dr, Detroit, MI 48204

$110,000
2
BA
2,450
SqFt

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Sold Price
$110,000
List Price
$124,500
Closing Date
May 01, 2024
MLS#
20230099223
Status
CLOSED
Bathrooms
2
Subdivision
ROBERT OAKMANS CORTLAND & FORD HIGHWAY (PLATS)

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.

Additional Information

Year Built
1925
Basement Type
Unfinished
Acres
0.09
Style
Colonial
Acres
0.09
School District
Detroit
Heating
Forced Air, Natural Gas
Exterior Features
Balcony
Garage Description
Garage

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Calculator source: Real Geeks

Courtesy of EXP Realty Main 8885017085

Selling Office: National Realty Centers.

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