tomo logo

$80,000

Beds
3
Baths
1.0
sq ft
792

8001 Penrod St, Detroit, MI 48228

8001 Penrod St

Detroit, MI 48228

  • 21 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$54,358

Lot size

5,227 sq ft

Price per sq ft

$102

Year built

1947

Annual property taxes

$1,121

Price History

10/15/2024
Realcomp

Realcomp #81024054245

Listed
$80,000

Schools & Community

Neighborhood: 

Warrendale

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2007

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.92%

Loan type

Credit Line (Revolving), 30 year

Seller

Camelia M Thomas

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2007

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.92%

Loan type

Credit Line (Revolving), 30 year

Seller

Camelia M Thomas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Realcomp
$75,000
3 bd
|
1 ba
|
871 sq ft
|
House

8237 Brace St, Detroit, MI 48228

Realcomp
$89,000
3 bd
|
1 ba
|
880 sq ft
|
House

6254 Evergreen Ave, Detroit, MI 48228

Realcomp
$80,000
3 bd
|
1 ba
|
929 sq ft
|
House

9402 Terry St, Detroit, MI 48228

Status: Active

Tomo last checked: 11/05/2024 at 4:20 PM

Listing updated: 10/24/2024 at 12:50 PM

Listed by: Kristal Covington, Phone #: (248) 469-8257

MLS: Realcomp #81024054245

Realcomp logo

Recently listed in Detroit

$168,000|3 bd|2.0 ba|House
$130,000|3 bd|1.0 ba|House
$80,000|3 bd|1.0 ba|House
$149,000|3 bd|1.0 ba|House
$262,000|4 bd|3.5 ba|House
$135,000|3 bd|2.0 ba|House
$849,000|5 bd|3.5 ba|House
$139,900|3 bd|1.0 ba|House
$80,000|2 bd|2.0 ba|House