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.
Property Details
Price:
$115,000
MLS #:
81024060157
Status:
Active
Beds:
3
Baths:
1
Address:
8661 Penrod Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
05092 – Det – Joy-Dbn Ht Grnfld-Limits
City:
Detroit
Listed Date:
Nov 19, 2024
State:
MI
Finished Sq Ft:
990
ZIP:
48228
Lot Size:
189,747,360 sqft / 0.10 acres (approx)
Year Built:
1947
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Sink, Washer Hookup
Exterior
Architectural Style
Bungalow
Construction Materials
Aluminum Siding
Parking Features
Detached
Financial
Taxes
$1,855
Map
Community
- Address8661 Penrod Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48228
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8661 Penrod Street
Detroit, MI
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