8790 Kimberly Court Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48204
Key Details
Property Type Multi-Family
Sub Type Colonial,Craftsman
Listing Status Active
Purchase Type For Sale
Square Footage 2,544 sqft
Price per Sqft $58
Subdivision Arcade Park Sub
MLS Listing ID 20251032124
Style Colonial,Craftsman
Bedrooms 2
Full Baths 2
Year Built 1918
Annual Tax Amount $1,291
Lot Size 4,356 Sqft
Property Sub-Type Colonial,Craftsman
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 Det: Livernois-I75 6-Gd River
Zoning Residential
Interior
Hot Water Natural Gas
Heating Forced Air
Exterior
Exterior Feature Chimney Cap(s),Lighting,Fenced
Roof Type Asphalt,Composition
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional,FHA,VA,Warranty Deed
Listing Terms Cash,Conventional,FHA,VA,Warranty Deed