Turnkey Investment Property

$105,250

17181 Munich Street, Detroit, MI 48224

For Sale

Residential SFR Rental

Active

Last Updated: 07/03/2025

Details:

Cap Rate: 11.5%

NOI: $12,103.75

Building Size: 1,236 sqft

Lot Area: 45,107 sqft

Occupancy: 100%

Units: 1

Year Built: 1945

Price Per Sqft: $85.15

Price Per Unit: $105,250

Zoning: RESIDENTIAL

Floors: 2

Opportunity Zone: No

Seller Financing: Yes

Parking Spots: 2

Roof: 2019

Floor: HARDWOOD

Beds: 3

Baths: 1.5

Monthly Rent: 1,200

Lease Expire Year: 2025

Offered by Broker

Dominick Procopio

Associate Broker

Re/Max First & Realty World J.Pavich Real Estate

#3771109 MI SL 3538214 FL

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Highlights:

TURNKEY INVESTMENT
PERFORMING INCOME- EXCELLENT RENT ROLL
CURRENT RENTS IN NEIGHBORHOOD $1400-1650
NO MAINTENANCE -2019 COMPLETE REMODEL

Description:

Attention Fha Buyers Or Investors Great Addition To Your Portfolio $1200/Month Tenant Occupied In Cornerstone Village Neighborhood. Ask About 30 45 Day Occupancy To Get This Property Vacant For First Time Homebuyers Or Flip. Recently Remodeled In 2019 3 Bdr Brick 1236 Sq Ft Colonial Newer Kitchen, Bathroom, Refinished Wood Floors, And Partially Finished Basement. New Roof, Windows, And Furnace 2019. Great Curb Appeal In A Highly Desirable Eastside Location Minutes To Grosse Pointe Shopping, Restaurants, And Easy Access To I 94 And Downtown. Inquire With List Agent Long Term Tenant, Please Allow 48 Hr Notice To Show.