20
See all 20 photos
$150,000
Est. payment /mo
2 Baths
2,544 SqFt
New
8790 Kimberly Court Detroit, MI 48204 2331
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $58
Subdivision Mi
MLS Listing ID 60934429
Style 2 Story
Full Baths 2
Year Built 1918
Annual Tax Amount $1,291
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40X111
Property Sub-Type Multi-Family
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. Furnaces and hot water tanks 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 Detroit (82001)
Zoning Residential
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Sine & Monaghan LLC
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