7345 Penrod Street, DetroitCity_Wayne, MI 48228 (MLS # 20250010414)
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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.**
| TRACT | WESTHAVEN (PLATS) | YEAR BUILT | 1939 |
|---|---|---|---|
| COMMUNITY | Area05092DetJoyDbnHtGrnfldLimits | COUNTY | Wayne |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | Area05092DetJoyDbnHtGrnfldLimits |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 40.00 x 138.00 |
| PARKING | No Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1.5 |
| STYLE | Bungalow |
| SUBDIVISION | WESTHAVEN (PLATS) |
| TAXES | 1233 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listing provided courtesy of: ; Home Source Realty LLC
IDX provided courtesy of Realcomp II Ltd. via DOBI Real Estate and MLS Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
The data relating to real estate properties on this website was last updated as recently as 3/29/25 1:46 AM PDT.
This IDX solution is (c) Diverse Solutions 2025.
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