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15024 JOY Road

$ 640,000
15024 JOY RD ,


PLEASE DO NOT DISTURB THE TENANTS. Great Investment Opportunity! Most of the units have been updated. This apartment complex is 90% occupied, 17 one bedroom units and 1 two bedroom. Full basement. Seller will look at all offers.

Address: 15024 JOY RD
Zip: 48228
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Property Id : 24589
Price: $ 640,000
Bedrooms: 18
Building size: 0.42 acres
Available Space: 13360 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Public Records
Business Type: Residential
CDOM: 63
Commercial Type: Apartments
Commercial Utilities: Smoke Alarm
Construction Materials: Brick
County Or Parish: Wayne
Current Use: Apartments
Directions: N of Joy Rd, E of Greenfield
Directions From EastWest: E
Directions From EastWest Detail: Greenfield
Directions From NorthSouth: N
Directions From NorthSouth Detail: Joy
DOM: 63
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 183
Gross Scheduled Income: 130320.00
Heating: Baseboard,Window/Wall Unit
Heating Fuel: Electric
Last Change Type: New
List Office Name: HomePro Realty, Inc
List Price By Acre: 1523809.5238
Lock Box Type: Appointment
Lot Size Dimensions: 183.00X100.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-Tire - Grnfld - Livernois
MLS Area Major Number: 05042
MLS Number: 219070820
Monthly Sales: 10860
Annual Net Income: 88320.00
Number Of Units Total: 18
Operating Expense: 42000.00
Original List Price: 640000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I003084C92
Percent Leased: 90
Plant Heating: Baseboard
Postal City: Detroit
Postal Code Plus 4: 6002
Property Type: Commercial
Protection Period: 180
Rent Includes: Garbage Pickup,Heat,Water/Sewer,Yard Maintenance
Road Frontage Type: Paved,Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
Sqft Main: 13360
Sqft Office: 0
Sqft Source: Tax Record
State Equalized Value: 57000.0000
Street Name: JOY
Street Number: 15024
Street Suffix: Road
Table: Commercial
Taxable Value: 57000.0000
Tax Amount Summer: 4489.0000
Tax Amount Winter: 541.0000
Tax Legal Description: N JOY RD 464 THRU 472 FRISCHKORNS WEST CHICAGO BLVD SUB L46 P11-2 PLATS, W C R 22/540 183 X 100
Title: Private - Owned
Total Tax: 5030.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit One Bed Number Of: 17
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 1
Water Source: Municipal Water
Year Built: 1965
Zoning: Multi-Family,Residential
APOD Available: Yes
Customer Comment: Yes
Encroachment: No
Exclusions: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via HomePro Realty, Inc and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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