4
See all 4 photos
$220,000
Est. payment /mo
4 Baths
4,791 Sqft Lot
Active
7051 JOY Road Detroit, MI 48204
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20240067038
Originating Board Realcomp
Year Built 1923
Annual Tax Amount $893
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45.00 x 103.00
Property Description
This is a great opportunity to own a fully rented multi unit rental property in the city of Detroit. The tenants are all month to month leases, and all of them have been long-term, which is why the rents are so low. The building is in good condition with no known needed repairs. all four units have two bedrooms and one bathroom each. there is the laundry room in the basement. All furnaces and hot water tanks are fairly new. The lot next-door also goes with the building. This building is close to all major freeways and only minutes from downtown. There is a $495 admin fee charged to all buyers at closing payable to Rockefeller's Realty. No showings will be allowed until an offer is accepted. Please do not approach the tenets.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction On Joy Rd. W. Of Livernois
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I004620S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Rockefeller Realty