Sold
7345 PENROD Street, Detroit, MI 48228
Last sold on Invalid Date for$66,100
2 beds1 bath800 sqftBuilt 19390.12 acres3 MLS listings
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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.**
Price & Status History
May 19, 2025MLS #20250010414
Sold
$66,100
Mar 27, 2025MLS #20250010414
Listed for sale
$69,000
Mar 3, 2024MLS #20230104831
Listed for sale
$69,900
Aug 26, 2023MLS #20230067501
Listed for sale
$69,900
MLS Listing History3 listings
Tax & Assessment
Parcel NumberW22I078199S
Annual Tax$1,233
Property Details
Property TypeResidentialBedrooms2Bathrooms1Living Area800 sqftLot Size0.12 acresYear Built1939CityDetroitZip Code48228School DistrictDetroitTerms AcceptedCash, Conventional
Listed by Bailee Clanton
Home Source Realty LLC