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Additional details
$ 114,000
Est. payment /mo
Active
8661 Penrod ST MI 48228
3 Beds
1 Bath
990 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 990 sqft
Price per Sqft $115
MLS Listing ID 81024060157
Style Bungalow
Bedrooms 3
Full Baths 1
Year Built 1947
Property Sub-Type SingleFamilyResidence
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 ($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.
Location
State MI
County Wayne
Area Area05092Detjoydbnhtgrnfldlimits
Rooms
Main Level BathFull
Interior
Heating ForcedAir, NaturalGas
Laundry GasDryerHookup, Sink, WasherHookup
Exterior
Parking Features Detached
Garage Spaces 1.0
View Y/N No
Garage true
Building
Foundation MichiganBasement
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
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Listed by Roxana Yeh of 3DX Real Estate, LLC