$69,000 for Sale

7345 penrod street, detroit, MI 48228

Beds 2 Baths 1 800 Sqft 0.12 Acres 1 of 16
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Property 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.**
General Information
Sale Price: $69,000
Price/SqFt: $86
Status: Active
MLS#: 20250010414
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: westhaven (plats)
Acres: 0.12
Lot Dimensions: 40.00 x 138.00
Bedrooms:2
Bathrooms:1   (1 full, 0 half)
House Size: 800 sq.ft.
Acreage: 0.12 est.
Year Built: 1939
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1:  11x23
Bedroom 2 :  11x10
Bedroom 3: 
Bedroom 4: 
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen:  14x12
Livingroom:  13x12
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Exterior:  Brick,Vinyl Siding
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Public Sanitary
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $1,128
Est. Winter Taxes:  $105
HOA fees: 


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248-895-8230 Call Tom Neveau for more information about this property.

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Tom Neveau
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This Home located at
7345 penrod street, detroit MI 48228
is currently for sale priced at $69,000 and was listed on March, 26, 2025 and has been on the market for 33 days and was last updated on April, 21, 2025.

7345 penrod street has 2 bedrooms, 1 bathrooms, and approximately 800 square feet. This home is in the detroit city school district school district and has a lot size of 40.00 x 138.00 with 0.12 acres and was built in 1939. 7345 penrod street is in the 48228 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.