Listing Courtesy of: REALCOMP / Listed By: Nexgen Realty
8210 Decatur Street Detroit, MI 48228
Active (25 Days)
$99,000 (USD)
Description
MLS #:
20261060226
20261060226
Lot Size
4,356 SQFT
4,356 SQFT
Type
Multifamily
Multifamily
Year Built
1927
1927
School District
Detroit
Detroit
County
Wayne County
Wayne County
Listed By
Kirtan Desai, Nexgen Realty
Source
REALCOMP
Last checked Aug 27 2026 at 9:42 PM GMT+0000
REALCOMP
Last checked Aug 27 2026 at 9:42 PM GMT+0000
Bathroom Details
- Full Bathrooms: 2
Subdivision
- Esper Gardens
Property Features
- Foundation: Basement
Heating and Cooling
- Forced Air
- Baseboard
- Radiant
Basement Information
- Unfinished
Pool Information
- 0
Utility Information
- Utilities: Public (Municipal)
- Sewer: Sewer (Sewer-Sanitary)
- Fuel: Natural Gas
Stories
- 2 Story
Living Area
- 2,400 sqft
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 RealComp MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/4/24 07:12
(1) Existing cashflow with a long term SECTION 8 tenant in place at $1237/month
(2) Plenty of EQUITY to refinance and even execute a BRRR to pull all the money out
(3) Great potential for appreciation. Detroit is on the raise and this property's close proximity to Dearborn makes it even better.
That's not all - the upper unit is totally renovated and tenant ready.
The seller is determined to make this an easy win for you so there is one more perk. This property is profesionally managed by a management company specifically focused on Detroit Section 8 and if you keep them on, they'll lease the upper unit.
Key highlights:
- New boiler 5 years ago ($6000 install)
- New drain line to the city tap with permits pulled ($5000)
- Upstairs unit totally updated and ready to a section 8 tenant for about $1100 for total income of $2237
- No known roof leaks
Terms of the offer:
- offers without a physical walk through by a contractor, agent or buyer will not be considered
- offers must have a proof of funds, pre-approval and be completely filled out
- This is priced to sell fast so seller will only select buyers who show a level of urgency