8044 PENROD STREET, DETROIT, MI 48228

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8044 PENROD Street
Detroit, MI 48228

$44,950

Beds: 3
Baths: 1
Sq. Ft.: 902
Type: Single Family Home
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Listing #2200044635
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.
Property Features
Location Information
MLS Area: Det - Joy-Dbn Ht Grnfld-Limits
Subdivision: RICHLAND PARK (PLATS)
Interior Features
Rooms: First/Entry Floor Bath - Full, First/Entry Floor Bedroom, First/Entry Floor Bedroom, Second Floor Bedroom - Mstr, First/Entry Floor Dining Room, First/Entry Floor Kitchen, Basement Floor Laundry Area/Room, First/Entry Floor Living Room
Interior: Cable Available, High Spd Internet Avail
Master Bedroom Dimensions: 15 x 12
Dining Room: Yes
Dining Room Dimensions: 10 x 10
Living Room Dimensions: 12 x 12
Kitchen Dimensions: 10 x 10
Has Fireplace: No
Heating: Forced Air
Cooling: Ceiling Fan(s)
Water Heater: Natural Gas
Basement Description: Daylight, Unfinished
Basement: Yes
Exterior Features
Style: Bungalow
Construction: Vinyl
Exterior: Awning/Overhang(s), Outside Lighting
Foundation: Basement
Possession: Subject To Tenant Rights
Has Garage: Yes
Garage Spaces: 2
Has a Pool: No
Lot Dimensions: 40.00X137.00
Lot Acres: 0.12
Lot Size in Sq. Ft.: 5, 227
Road Frontage: Paved
Has Waterfront: No
School
School District: Detroit
Additional Information
Year Built: 1951
Status: Active
Pets: Breed Restrictions
Garage Description: 2 Car, Detached
Tax Amount: 1, 240


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative: IPS Realty
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Realcomp data last updated at October 24, 2020 10:49 PM ET