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8234 Penrod Street

Detroit, MI 48228
  • $5,000
  • STATUS: Active
  • ON SITE: 49 Days
  • ID#: 20221048795
UPDATED: 9 min ago
$5,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 687
    SQFT
  • $7
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1942
County:
Lot Size Dimensions:
40.00 X 137.00

School Ratings & Info

School District:

Description

Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

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IDX provided courtesy of Realcomp II Ltd. via National Realty Centers, Inc and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than National Realty Centers, Inc are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-11-26T16:58:15.01.
www.micitysearch.com/homes/133764336
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8234 Penrod Street Detroit, MI 48228

  • Price: $5,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 9 min ago
  • ID#: 20221048795
3
Beds
1
Baths
0
½ Baths
0.13
Acres
687
SQFT
$7
$/SQFT
1942
Built
Neighborhood:
Malloys Wm J
County:
Wayne
Area:
Det - Joy-dbn Ht Grnfld-limits
School District:
DETROIT
Property Description
Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Exterior Features

Architecture Level 1 1/2 Story Architecture Style Bungalow Construction Materials Other Entry Location Ground Level W/Steps Foundation Details Basement Foundation Materials Block Garage Size No Garage Garage YN No Lot Size Dimensions 40.00 X 137.00 Pool YN No Road Frontage Feet 40 Road Frontage Type Paved Waterfront YN No

Interior Features

Basement Type Unfinished Basement YN Yes Baths Total 1.00 Fireplace YN No Heating Forced Air Heating Fuel Natural Gas Room Count 6 Sq Ft Combined 687 Sq Ft Total Basement 677

Property Features

Assessment 0.00 Association Fee YN No Down Payment Resource YN Yes Existing Lease YN No Homestead YN No Land Contract YN No Listing Financing Cash Ownership Status Government OwnedShort Sale - No Possession At Close Postal City Detroit Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 0.0000 Tax Amount Winter 0.0000 Title Government - Owned Transaction Type Sale Unparsed Address 8234 Penrod Street Warranty No Water Source Public (Municipal)

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Bellabay Realty Tri Counties: (248) 274-6614 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via National Realty Centers, Inc and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than National Realty Centers, Inc are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2022-11-26T16:58:15.01.
 
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National Realty Centers, Inc
116 W Main St.
Northville MI, 48167