8661 Penrod Street Pending Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48228
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 990 sqft
Price per Sqft $115
MLS Listing ID 70442601
Style 2 Story
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 990
Year Built 1947
Annual Tax Amount $1,855
Tax Year 2024
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35.00 x 139.00
Property Sub-Type Single Family
Property Description
Calling all investors! Fully TURNKEY opportunity and a great addition to your investment portfolio! Fully certified by the City of Detroit, rented, meeting all Section 8 standards, and a ROI of 12.02%. Property features a 3 bedroom 1 bathroom, Section 8 tenant on a yearly lease with a rent of $1,182/month ($1,300 starting 06/01/25). Seller has other similar properties for sale. Please submit your offers to ryeh@3dxrealestate.com with POF/Preapproval Letter. Seller and agent are related.
Location
State MI
County Wayne
Area Detroit (82001)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Parking Features Detached Garage
Garage Spaces 1.0
Garage Yes
Building
Story 2 Story
Foundation Basement,Michigan Basement
Water Public Water
Structure Type Aluminum
Schools
School District Detroit City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA