$69,000 for Sale

7345 penrod, detroit, MI 48228

Beds 2 Baths 1 800 Sqft 0.12 Acres 1 of 16
0
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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
Status: Active
MLS#: 60379131
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: westhaven (plats)
Acres: 0.12
Lot Dims: 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
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen:  14x12
Livingroom:  13x12
Pole Buildings: 
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® 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) 836-4007 Call Jennifer Mason for more information about this property.

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Listings Presented by:
Jennifer Mason
Call:
(810) 836-4007

Office:
(810) 640-8044

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This Home located at
7345 penrod, detroit MI 48228
is currently for sale priced at $69,000 and was listed on March, 26, 2025 and has been on the market for 37 days and was last updated on April, 21, 2025.

7345 penrod has 2 bedrooms, 1 bathrooms, and 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 the 48228 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.