Detroit, MI 48228,14918 JOY RD

$625,000

Est. payment /mo

$525,000

19.0%
Est.Price: ?

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14918 JOY RD Detroit, MI 48228

3.5 Baths

9,479 SqFt

SOLD DATE : 12/12/2018

Key Details

Sold Price $625,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,479 sqft

Price per Sqft $65

Subdivision Frischkorns West Chicago Blvd Sub 1Plats

MLS Listing ID 58031366682

Full Baths 1

Half Baths 5

Year Built 1967

Annual Tax Amount $2,891

Lot Size 10,018 Sqft

Property Description

***ONE OF A KIND MULTI-FAMILY*** Looking for a great complex? Look no further! 15 units. Complex is getting great rent! 14.5% Cap rate! 12 one bedroom units Getting $600 - $650 per mo....and 3 studios getting $550 - $595 per mo.... Very little maintenance for a new owner! This complex has been 100% renovated! New windows, Hot water tanks, New carpet, New kitchens, New bathrooms, Freshly painted...etc. CASH BUYERS ONLY. This complex just received its 2 YEAR C of O from the city in April 2018! Parking in the back of the complex! MUST SEE

Location

State MI

County Wayne

Area Det: Joy-Schoolcraft Grnfld-Limi

Building

Foundation Basement

Sewer Sewer-Sanitary

Water Municipal Water

Schools

School District Detroit

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Realcomp MLS
Listed by Justin Zehel of Keller Williams Realty Central
Bought with Keller Williams Realty Central
agent

Tim Sova

Broker Associate

+1(810) 844-2316

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