Address
8044 Penrod Street Detroit, MI
Price
$ 44,950
Property Attributes
  • ML#2200044635
  • TypeSingle Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet - Joy-Dbn Ht Grnfld-Limits
  • NeighborhoodRICHLAND PARK
  • Zip48228
  • StyleBungalow
  • Year Built1951
  • Taxes1240
  • Price$ 44,950
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage902
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
IPS Realty
Property Description

Leased and performing investment property for sale. Part of a 10 property portfolio but can be purchased separately. This 3 bedroom, Bungalow is tenanted at $775 monthly allowing for an annual NOI of $4,965 and a ROI of 11.05% after taxes and insurance. Near schools, shops, parks and easy access to expressways. Please do not disturb tenants.

Price History
7/3/2020 Listed $44,950

General Features

Basement Type Daylight, Unfinished
Construction Materials Vinyl
Cooling Ceiling Fan(s)
Cumulative Days on Market 79
Down Payment Resource Yes
Heating Forced Air
Listing Agent Public Id 345023
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W22I077578S
Possession Subject To Tenant Rights
Property Type Residential
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name RICHLAND PARK (PLATS)
Terms Offered Cash, Warranty Deed
Total Sq Ft 902
Transaction Type Sale
Warranty No
Year Built 1951

Interior Features

Basement Y/N Yes
Full Baths 1
Heating Fuel Natural Gas
Interior Features Cable Available, High Spd Internet Avail
Total Baths 1.00

Exterior Features

Architecture Level 1 1/2 Story
Architecture Style Bungalow
Exterior Features Awning/Overhang(s), Outside Lighting
Foundation Basement
Foundation Materials Block
Frontage Feet 40
Garage Capacity 2 Car
Garage Dimensions 20x18
Garage Features Detached
Garage Y/N Yes
Lot Size Area 0.12
Lot Size Dimensions 40.00X137.00
Porch Porch - Covered
Roof Material Asphalt
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. 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.

Data is updated as of September 20, 2020 1:35 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48228

Price
AVG $50K
$40K
Taxes
AVG $1,045
$1,240
Visits
AVG 10
27
Year Built
AVG 1945
1951
Walkscore
AVG 50
43
Data Provided by Walkscore ® not using MLS data

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