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.
Property Details
Price:
$210,000
MLS #:
20250031634
Status:
Active
Beds:
0
Baths:
4
Address:
7051 JOY RD
Type:
Single Family
Subtype:
Multi Family
Subdivision:
BAKER & CLARKS SUB PLATS
Neighborhood:
05042 – Det 6-Tire – Grnfld – Livernois
City:
Detroit
Listed Date:
May 2, 2025
State:
MI
Finished Sq Ft:
3,762
ZIP:
48204
Lot Size:
4,792 sqft / 0.11 acres (approx)
Year Built:
1923
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
More About LiaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Parking Features
Parking Lot
Financial
Taxes
$919
Map
Community
- Address7051 JOY RD Detroit MI
- SubdivisionBAKER & CLARKS SUB (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48204
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