$640,000
$785,000
18.5%For more information regarding the value of a property, please contact us for a free consultation.
15024 JOY Road Detroit, MI 48228
18 Beds
13,360 SqFt
Key Details
Sold Price $640,000
Property Type Commercial
Sub Type Apartments,Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 13,360 sqft
Price per Sqft $47
Subdivision Frischkorns W Chicago Blvd (Also P12 Plats)
MLS Listing ID 20230069047
Sold Date 11/07/23
Bedrooms 18
Originating Board Realcomp II Ltd
Year Built 1965
Annual Tax Amount $5,546
Lot Size 0.420 Acres
Acres 0.42
Lot Dimensions 183.00 x 100.00
Property Description
Exciting Investment Prospect Available! This apartment complex presents a promising avenue for growth with the potential to enhance its value through minor unit repairs. Boasting a zero-eviction track record and a roster of great tenants, the property consists of 18 units. Among these, 17 feature one bedroom and one bathroom, while the remaining unit offers two bedrooms and one bathroom. This is a prime opportunity to capitalize on the property's latent potential and secure a sound investment.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Direction East of Greenfield Road, North side of Joy Road
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Level or Stories 2 Story
Structure Type Block/Concrete/Masonry
Schools
School District Detroit
Others
Tax ID W22I003084C92
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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