$150,000
For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
4,356 Sqft Lot
SOLD DATE : 12/10/2025
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20251032124
Sold Date 12/10/25
Year Built 1918
Annual Tax Amount $1,291
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40X111
Source Realcomp
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 Wayne County - 100
Zoning Residential
Direction I-96 to Joy Rd to Grand River to Kimberly
Interior
Heating Forced Air
Exterior
View Y/N No
Roof Type Composition
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W14I007382S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "