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7345 Penrod Street Detroit, MI $ 69,900
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$ 69,900 Get more info
7345 Penrod Street
$ 69,900
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7345 Penrod Street

Detroit, MI, 48228
$ 69,900
Bedrooms2 Baths1.0 Sq 800

Monthly Estimate*

$ 465

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Single Family Home for sale in Detroit, MI

for $69,900 with 2 bedrooms and 1 full bath. This 800 square foot home was built in 1939 on a lot size of 0.12.

Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1000/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began June 2023. Professionally managed rental, tenant plans to stay. Don't miss out on this rare opportunity of guaranteed rental income in Detroit. Property being sold as is. All dimensions are estimated and should be verified. Pictures of home from BEFORE tenant moved in. **Showings only with accepted offer. Property is tenant occupied, please respect their privacy.**

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Single Family Active

Price

$ 69,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,195

Style

Bungalow

Lot Size

0.12

Year Built

1939

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230104831
Features
Interior
Heating Fuel Natural Gas
Basement Y/N 1
Fireplace 0
Street Suffix Street
Beds Total 2
Total Baths 1.00
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession Subject To Tenant Rights
Pool Y/N 0
Full Baths 1
Half Baths 0
Year Built 1939
Property Type Residential
Warranty No
Subdivision Name WESTHAVEN (PLATS)
Transaction Type Sale
Basement Type Unfinished
Status Active
Short Sale No
Cumulative Days on Market 38
MLS Area Det - Joy-Dbn Ht Grnfld-Limits
Directions N of Warren / W of Southfield
City Detroit
Terms Offered Cash Conventional Warranty Deed
School District Detroit
Land Contract 0
Down Payment Resource 1
Ownership Status Short Sale - No Private Owned
Street Name PENROD
Homestead 0
Assessment 240.00
Total Sq Ft 800
DOM 38
Taxes 1195.0000
HOA Fee 0
Legal Description W PENROD 314 AND E 9 FT OF VAC ALLEY ADJ WESTHAVEN SUB L40 P75 PLATS W C R 22/213 40 X 138
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Exterior
Waterfront 0
Exterior Brick Vinyl
Garage Capacity No Garage
Lot Size Area 0.12
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 40.00 x 138.00
Garage Y/N 0
Architecture Level 1 1/2 Story
Architecture Style Bungalow
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Bailee Clanton

Listing Agent

Home Source Realty Llc

Broker

(313) 774-4005

Phone

Affordability Calculator

$564
Per Month
82%
18%
0%
Monthly Principal & Interest
$465
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/3/2024$69,900 Listed Price

Map

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7345 Penrod Street, Detroit, MI, 48228 is a Single Family Home for sale at $69,900 with 800 sqft and a lot size of 0.12. 7345 Penrod Street has 2 bedrooms, 1.0 baths, and was built in 1939. The property's zip code is 48228 which is in Detroit, MI

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