8661 Penrod Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48228
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,584 sqft
Price per Sqft $65
MLS Listing ID 24060157
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1947
Annual Tax Amount $1,855
Tax Year 2024
Lot Size 4,356 Sqft
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. Seller has other similar properties for sale. Seller and agent are related.
Location
State MI
County Wayne
Area Wayne County - 100
Interior
Heating Forced Air
Laundry Gas Dryer Hookup,Sink,Washer Hookup
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash,FHA,VA Loan,Conventional
Listing Terms Cash,FHA,VA Loan,Conventional