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14801 JOY Road

$ 495,000
14801 JOY RD ,
24
Active

Description

CALLING CASH INVESTORS…..14 UNIT GARDEN STYLE APARTMENTS WITH PRIVATE ENTRIES. 10 SEC 8 UNITS CURRENTLY OCCUPIED @ $750 PER MONTH, REMAINING 4 UNITS WILL OCCUPIED SOON @ THE SAME RATE W/ SEC 8 TENANTS. TENANTS PAY ELECTRICITY. DON’T MISS OUT ON AN OPPORTUNITY TO OWN A FULLY OCCUPIED INCOME GENERATING BUILDING IN THE CITY. SHOWINGS ARE SCHEDULED W/ ACCEPTED OFFER. PLEASE TEXT/EMAIL WITH ANY QUESTIONS.

PLEASE DO NOT APPROACH THE BLDG OR TENANTS

Address: 14801 JOY RD
City:
State/County:
Zip: 48228
Open In Google Maps
Property Id : 26891
Price: $ 495,000
Bedrooms: 14
Building size: 0.23 acres
Available Space: 8326 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Prior Listing
CDOM: 59
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: RESIDENTIAL APARTMENTS
Directions: S SIDE OF JOY RD AT THE CORNER OF JOY & LAUDER
Directions From EastWest: W
Directions From EastWest Detail: HUBBELL
Directions From NorthSouth: S
Directions From NorthSouth Detail: JOY
DOM: 59
Foundation Details: Basement
Foundation Materials: Poured
Frontage Feet: 40
Gross Scheduled Income: 90000.00
Heating: Baseboard
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Virtual Real Estate Services LLC
List Price By Acre: 2152173.9130
Lock Box Type: Appointment
Lot Size Dimensions: 102.00X100.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-Tire - Grnfld - Livernois
MLS Area Major Number: 05042
MLS Number: 219112370
Monthly Sales: 7500
Annual Net Income: 74000.00
Number Of Units Total: 14
Operating Expense: 16000.00
Original List Price: 495000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I002215C9
Percent Leased: 60
Postal City: Detroit
Postal Code Plus 4: 5617
Property Type: Commercial
Protection Period: 0
Rent Includes: Garbage Pickup,Water/Sewer
Road Frontage Type: Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 54200.0000
Street Name: JOY
Street Number: 14801
Street Suffix: Road
Subdivision Name: OBENAUER-BARBER-LAING ORCHARD BLVD SUB (PLATS)
Table: Commercial
Taxable Value: 51509.0000
Tax Amount Summer: 4866.0000
Tax Amount Winter: 489.0000
Tax Legal Description: S JOY RD 131 THRU 127 OBENAUER-BARBER-LAING ORCHARD BLVD SUB L46 P90 PLATS, W C R 22/544 102 X 100
Title: Private - Owned
Total Tax: 5355.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft 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
Water Source: Water at Street
Year Built: 1959
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Land Contract: No
Legal Rental Certified: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Virtual Real Estate Services LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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