$69,000 for Sale
7345 penrod street, detroit, MI 48228
| Beds 2 | Baths 1 | 800 Sqft | 0.12 Acres |
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Property Description
Amazing investment opportunity! This property is an instant cashflow opportunity. Property is TENANT OCCUPIED with a Supportive Housing Society at $1050/mo, the entire rent is paid by the organization. Similar to Section 8. Lease began June 2023, rent increased as of June 2024. 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.**
General Information
Sale Price: $69,000
Price/SqFt: $86
Status: Active
MLS#: rcomi20250010414
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: westhaven (plats)
Acres: 0.12
Lot Dimensions: 40.00 x 138.00
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 800 sq.ft.
Acreage: 0.12 est.
Year Built: 1939
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick,Vinyl
Exterior: Brick,Vinyl
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,128
Est. Winter Taxes: $105
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
IDX provided courtesy of Realcomp II Ltd. via Remerica United Realty and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Bailee Clanton of Home Source Realty LLC, Phone: (313) 384-5731
