8661 Penrod Street, Detroit, MI 48228 - MLS#24060157

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Alec Applebaum

aleca@hellosmarte.com +1(248) 866-8784

$103,000

Est. payment - /mo

3 Beds

1 Bath

1,584 SqFt

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UPDATED:

12/04/2024 07:52 PM

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

Municipality Detroit City

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

Acres 0.1

Lot Dimensions 35.00 x 139.00

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

Direction W of 39, S of 96.

Rooms

Basement Michigan Basement

Interior

Heating Forced Air

Fireplace false

Laundry Gas Dryer Hookup, Sink, Washer Hookup

Exterior

Parking Features Detached

Garage Spaces 1.0

View Y/N No

Garage Yes

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Aluminum Siding

New Construction No

Schools

School District Detroit

Others

Tax ID W22I078100S

Acceptable Financing Cash, FHA, VA Loan, Conventional

Listing Terms Cash, FHA, VA Loan, Conventional

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Listed by 3DX Real Estate, LLC.

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Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085