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 [email protected] with POF/Preapproval Letter. Seller and agent are related.
Property Details
Price:
$114,000
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
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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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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