17217 FAUST Avenue   |  Detroit, MI 48219

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Ryan Fagin

realtor, bold, alc

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  • 3 bed | 1 full + 1 half bath | 1354 sqft | Single Family Detached
  • $79,900

  • Est. Monthly Payment: $1,232,123/mo

Fully leased, cash flowing income property in North Rosedale Park. Across the street from a park, this bungalow was updated with all of the vital components in mind. Wood flooring throughout the spacious main level, fireplace, new water heater, furnace, newer roof. Property is tenant occupied, under management, please do not disturb. GROSS OPERATING INCOME $10,200. NOI $7,425 TAXES $1155. INSURANCE $600 MANAGEMENT $1020. 9.3% CAP RATE. Mailbox Money.

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Property Features

Interior Features
  • Bedrooms: 3
  • Full Baths: 1
  • Half Baths: 1
  • Rooms: 7
  • SQFT: 1354
Exterior Features
  • Lot Size: 3920 ft
  • Stories: 1

  • Heating Desc: Forced Air, Natural Gas

Additional and Community Information

  • County: Wayne
  • Property Type: Single Family Detached
  • Subdivision: BROOKLINE NO 5 (PLATS)
  • Annual Taxes: $1,155
  • Year Built: 1951
  • School District: Detroit

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Listing provided courtesy of Royal Oak. Email this broker.

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