$150,000
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8790 Kimberly CT Detroit, MI 48204
2 Baths
2,544 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $58
Subdivision Arcade Park Sub
MLS Listing ID 20251032124
Style Colonial,Craftsman
Full Baths 2
Year Built 1918
Lot Size 4,356 Sqft
Property Sub-Type MultiFamily
Property Description
Duplex investment opportunity with strong rental potential! This property offers two spacious 4-bedroom units, each previously Section 8 approved at $1,731/month, HUD FMR $1590/mo— $38-41K in potential annual income. Major updates already completed include PEX plumbing, electrical, windows, soffits, gutters, and new appliances. Furnace and hot water tank will be installed prior to closing. While the property may benefit from some cosmetic improvements, the essential systems and big-ticket items are already taken care of. Seller is actively working to place Section 8 tenants, providing immediate cash flow potential.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Heating Forced Air, Natural Gas
Exterior
Exterior Feature ChimneyCaps, Lighting
Parking Features OnStreet, Unassigned
Fence Back Yard, Fenced
Pool None
View Y/N No
Roof Type Asphalt, Composition
Building
Foundation Basement, BrickMortar
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan, WarrantyDeed
Listing Terms Cash, Conventional, FHA, VaLoan, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
Pets Allowed No
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Bought with Sine & Monaghan LLC
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