8001 Penrod Street, Detroit, MI 48228

$80,000 Asking Price

3 beds

1 bath

1,292 sqft

Built in 1947

Welcome to this beautifully renovated 3-bedroom, 1-bathroom home, perfect for investors looking for immediate income. This property is set to be Section 8 occupied at closing, guaranteeing a reliable yearly income of $15,600. NO SIGHT UNSEEN OFFERS.

Listing Status:: Active
Date Added:: October 15, 2024 — 35 days ago
Listing Office:: Assets Realty Group, LLC, Kristal Covington (248-469-8257)
Office Phone:: 248-469-8257
MLS ID:: 81024054245

Features & Amenities

Interior

Laundry:: In basement
Basement:: Full
Heating:: Forced air, Natural gas

Exterior

Style:: Bungalow

Construction

General:: Aluminum siding, Basement

Location

Originating MLS:: Greater Metropolitan Association of REALTORS
School District:: Detroit
County:: Wayne

Lot

Zoning:: W PENROD 203 RICHLAND PARK SUB L41 P63 PLATS, W C R 22/260 40 X 129, 22078154

Utilities

Water:: Public
Sewer:: Public Sewer

Financial

Source:: Greater Metropolitan Association of REALTORS

This listing courtesy of:
Assets Realty Group, LLC, Kristal Covington

About Detroit, MI

Housing

Number of Units: 292,561
Median Home Value: $70,234
Median Rent: $679

53.65% of housing units are renter occupied.

18.25% are vacant.

Commute

Car: 71.17%
Public Transportation: 5.99%
Walk to Work: 3.15%
Work from Home: 17.73%
Other: 1.42%

The median travel time to work is 23 minutes.

People

Population: 593,210
Median Age: 36.40
Median Household Size: 2.38

Education

High School: 33.32%
Associate’s Degree: 7.33%
Bachelor’s Degree: 9.43%
Graduate Degree: 6.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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8001 Penrod Street, Detroit, MI 48228

$80,000 Asking Price