14801 Joy Road

    Detroit, MI 48228
    • $350,000
    • STATUS: Active
    • ON SITE: 355 days
    • ID#: 217087725
    UPDATED: 31 min ago
    $350,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,326
      SQFT
    • $42
      $/SQFT
    Type:
    Commercial
    Built:
    1959
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 102.00X100.00

    School Ratings & Info

    School District:

    Description

    Proven money maker! 14 1BR units. 12 of 14 units are currently occupied. Some units have been updated. Each unit has private entry. Rented at $500/month each. Rent includes heat and water. Tenants pay electrical. Parking available behind the building. Opportunity exists to raise rents with building improvements. Cash offers or approved financing only. No exceptions!!

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-09-19T17:58:01.577.
    www.detroitmetrorealestate.com/homes/77116558

    14801 Joy Road Detroit, MI 48228

    • Price: $350,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 217087725
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    8,326
    SQFT
    $42
    $/SQFT
    1959
    Built
    Neighborhood:
    Obenauer-Barber-Laing Orchard Blvd Sub (Plats)
    County:
    Wayne
    Area:
    Det 6-tire - Grnfld - Livernois
    School District:
    DETROIT
    Property Description
    Proven money maker! 14 1BR units. 12 of 14 units are currently occupied. Some units have been updated. Each unit has private entry. Rented at $500/month each. Rent includes heat and water. Tenants pay electrical. Parking available behind the building. Opportunity exists to raise rents with building improvements. Cash offers or approved financing only. No exceptions!!
    Exterior Features

    Architecture Level 2 Story Construction Materials Brick Exterior Features Private Entry Foundation Details Basement Foundation Materials Poured Lot Size Dimensions 102.00X100.00 Road Frontage Feet 102 Road Frontage Type PavedPub. Sidewalk Roof Material Asphalt Waterfront YN No

    Interior Features

    Heating Cooling Baseboard Heating Fuel Natural Gas Room Count 0 Sq Ft Main 8326 Sq Ft Office 0 Sq Ft Source Prd Unit Efficiency Number Of 0 Unit One Bed Number Of 14 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Assessment 0 Business Type Residential Commercial Type Apartments Current Use Residential Encroachment YN No Exclusions YN No Gross Scheduled Income 81000.00 Land Contract YN No Listing Financing CashConventionalWarranty Deed Monthly Sales 6750 Net Operating Income 48000.00 Operating Expense 32000.00 Ownership Status Private OwnedShort Sale - No Percent Leased 86 Possession At Close Postal City Detroit Protection Period 90 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 4773.0000 Tax Amount Winter 575.0000 Title Private - Owned Total Tax 5348.0000 Unparsed Address 14801 JOY RD Water Source Municipal Water Zone Conform YN Yes Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Keller Williams Home and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-09-19T17:58:01.577.
     
    RE/MAX Classic
    29630 Orchard Lake
    Farmington Hills MI, 48334