$69,000 for Sale
7345 penrod, 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
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: westhaven (plats)
Acres: 0.12
Lot Dim: 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: 11x23
Bedroom 2 : 11x10
Kitchen: 14x12
Livingroom: 13x12
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick,Vinyl Siding
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,128
Est. Winter Taxes: $105
HOA fees:
Information provided by East Central Association of REALTORS
® ©2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Bailee Clanton of Home Source Realty LLC
