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16924 Santa Rosa Drive

Detroit, MI 48221
  • $115,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 2210085835
$115,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,640
    SQFT
  • $44
    $/SQFT
Type:
Multi-Family
Built:
1929
County:
Zoning:
Residential
Lot Size Dimensions:
37.00X111.00

School Ratings & Info

School District:

Description

Money to be made here - pick up capital growth along with a solid rental income! Large triplex for sale- requires rehab- quotes from contractor can be provided upon request- One block from the Marygrove University allowing for instant tenants with no vacancy issues. Position, position, position- one three bedroom and two one bedroom units. All good sizes. A very solid brick building, with heaps of space and character to bring back to life. Pick up 20% plus in gross income PLUS instant equity after renovation !- convert to a section 8 tenancy for an even higher rental yield OR Possible to also turn into a large 5 bed, 3 bath SFR. Only on the market for 30 days. Otherwise current owner will renovate himself and reap the rewards! Dont miss your opportunity for 3 rental incomes in one of the most up and coming areas of Detroit! Real Estate is about position, position, position! This property ticks this Box and more!!

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
www.alanbrowngroup.com/homes/122292973
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16924 Santa Rosa Drive Detroit, MI 48221

  • Price: $115,000
  • Status: Active
  • On Site: 46 Days
  • ID#: 2210085835
0
Beds
3
Baths
0
½ Baths
0.1
Acres
2,640
SQFT
$44
$/SQFT
1929
Built
Neighborhood:
Marshall Michaelson & Kohn
County:
Wayne
Area:
Det 6-tire - Grnfld - Livernois
School District:
DETROIT
Property Description
Money to be made here - pick up capital growth along with a solid rental income! Large triplex for sale- requires rehab- quotes from contractor can be provided upon request- One block from the Marygrove University allowing for instant tenants with no vacancy issues. Position, position, position- one three bedroom and two one bedroom units. All good sizes. A very solid brick building, with heaps of space and character to bring back to life. Pick up 20% plus in gross income PLUS instant equity after renovation !- convert to a section 8 tenancy for an even higher rental yield OR Possible to also turn into a large 5 bed, 3 bath SFR. Only on the market for 30 days. Otherwise current owner will renovate himself and reap the rewards! Dont miss your opportunity for 3 rental incomes in one of the most up and coming areas of Detroit! Real Estate is about position, position, position! This property ticks this Box and more!!
Exterior Features

Architecture Level 2 Story Architecture Style Colonial Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 37.00X111.00 Pool YN No Porch Type Porch Road Frontage Feet 37 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 3.00 Heating Forced Air Heating Fuel Electric Living Area Source Estimated Room Count 0 Sq Ft Combined 2640 Sq Ft Total Basement 1000 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 2 Unit Three Bed Number Of 1 Unit Two Bed Number Of 0

Property Features

Assessment 0 Down Payment Resource YN Yes Encroachment YN No Exclusions YN No Existing Lease YN No Gross Scheduled Income 30000.00 Income Projection Projected Land Contract YN No Listing Financing CashWarranty Deed Monthly Rental Income 2500 Net Operating Income 18000.00 Number Of Units Leased 0 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Pets Allowed Call Postal City Detroit Protection Period 30 Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 2753.0000 Tax Amount Winter 302.0000 Title Private - Owned Total Tax 3055.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 16924 Santa Rosa Dr Water Source Municipal Water Zoning Residential

IDX provided courtesy of Realcomp II Ltd., via Exp Realty Llc and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-11-27T23:55:45.497.
 
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Alan Brown Group
70 West Long Lake Rd
Troy MI, 48098