Address
8044 Penrod St Detroit, MI
Price
$ 44,950
Property Attributes
  • MLS#40074270
  • TypeSingle Family
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • 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

Association Fee Y/n No
Bathrooms 1
Beds 3
Class RESIDENTIAL CONDO
Cooling Ceiling Fan(s)
Directions NORTH OF TIREMAN AVENUE AND WEST OF SOUTHFIELD FREEWAY
Exterior Features Porch
Financial Terms Cash
Full Baths 1
Garage Detached Garage
Heating Forced Air
Interior Features Cable/Internet Avail.
Kitchen Level First
Legal Description E PENROD 165 W 9 FT OF VAC ALLEY ADJ RICHLAND PARK SUB L41 P63 PLATS, W C R 22/260 40 X 137
Listing Area Detroit (Jy-Drb Hts/Grenfd-Lm)
Manufactured Y/n No
Municipality Detroit
Originating Mls RealComp
Ownership Private
School District Detroit City School District
Source Mls MI Real Source
Status Active
Status Active
Structure Style 1 1/2 Story
Style Bungalow
Subdivision RICHLAND PARK (PLATS)
Subj To Short Sale Apprvl No
Type Residential
Water Public Water
Water Heater Gas
Year Built 1951

Interior Features

Basement Block, Egress/Daylight Windows
Basement Y/n Yes
Bedroom 1 Length 15
Bedroom 1 Level Second
Bedroom 1 Width 12
Bedroom 2 Length 10
Bedroom 2 Width 10
Bedroom 3 Length 10
Bedroom 3 Width 10
Dining Room Length 10
Dining Room Level First
Dining Room Width 10
Fireplace? No
Kitchen Length 10
Kitchen Width 10
Laundry Room Length 10
Laundry Room Level Basement
Laundry Room Width 20
Living Room Length 12
Living Room Level First
Living Room Width 12
Total Rooms 8

Exterior Features

Bedroom 2 Level First
Bedroom 3 Level First
Exterior Vinyl Siding
Foundation Type Basement
Frontage 40
Garage # Of Car 2
Lot Dimensions 40.00X137.00
Lot Size Area 0.12
Roads Paved Street
Waterfront Y/N No

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

Property vs Zip Code Average in 48228

Price
AVG $50K
$40K
Taxes
AVG $1,044
$1,240
Visits
AVG 10
17
Year Built
AVG 1945
1951
Walkscore
AVG 50
43
Data Provided by Walkscore ® not using MLS data

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