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7051 Joy Rd 4 Unit Apartment Building $210,000 ($52,500/Unit) Detroit, MI 48204
INVESTMENT HIGHLIGHTS
- Each unit is rented at $675 a month with long term tenants! That's the reason why the rents are under market.
- Tenant pays own utilities.
- Rent's in the area are $1100-1200 a month.
EXECUTIVE SUMMARY
Fully leased MF property available at a great price! Each unit is 2 bedrooms and 1 bathroom. The rent for each unit is $675 per month.
PROPERTY FACTS
| Price | $210,000 | Building Class | C |
| Price Per Unit | $52,500 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,762 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1923 |
| Apartment Style | Low-Rise | ||
| Zoning | R2 - Residential | ||
| Price | $210,000 |
| Price Per Unit | $52,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,762 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1923 |
| Zoning | R2 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
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PROPERTY TAXES
| Parcel Number | 16-004619 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $400 |
PROPERTY TAXES
Parcel Number
16-004619
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$400
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Rockefeller Realty
7051 Joy Rd
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