8790 Kimberly CT Pending

Detroit,MI 48204

$ 150000

- Bed

2 Baths

2544 SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

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

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 ForcedAir, NaturalGas

Exterior

Exterior Feature ChimneyCaps, Lighting

Parking Features OnStreet,Unassigned

Fence BackYard, Fenced

Pool None

View Y/N No

Roof Type Asphalt, Composition

Building

Foundation Basement, BrickMortar

Sewer PublicSewer

Water Public

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash, Conventional, FHA, VaLoan, WarrantyDeed

Listing Terms Cash, Conventional, FHA, VaLoan, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

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