$69,000 for Sale

7345 penrod, detroit, MI 48228

Beds 2

Baths 1

800 Sqft

0.12 Acres

1 of 16

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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

Est. Payments: $453*

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Status: Active

MLS#: 60379131

City: detroit

Post Office: detroit

Schools: detroit city school district

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: 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

Map

Information provided by East Central Association of REALTORS^® Copyright 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, Phone: 313-384-5731

810-814-5140 Call Amber Peacock for more information about this property.

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Listings Presented by:

Amber Peacock

Call:

810-814-5140

Office:

810-694-3333

This Single-Family Home located at

7345 penrod, detroit MI, 48228

is currently for sale. This property is listed for $69,000.

For Sale | $69,000 | 2 Bed, 1 Bath | 800 Sq Ft MLS ID rcomi60379131

7345 penrod has 2 bedrooms, approximately 800 square feet. This home is in the detroit city school district school district and has a lot size of 40.00 x 138.00 with 0.12 acres and was built in 1939. 7345 penrod is in detroit and in ZIP Code 48228 area.
If you have any question about this property or any others, please don't hesitate to contact me.