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$ 210,000
Est. payment /mo
New
7051 JOY Road Detroit, MI 48204 3363
4 Baths
3,762 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,762 sqft
Price per Sqft $55
Subdivision Mi
MLS Listing ID 60390948
Style 2 Story
Full Baths 4
Year Built 1923
Annual Tax Amount $919
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 45.00 x 103.00
Property Sub-Type Multi-Family
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 tenants.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $250
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Rockefeller Realty