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
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage 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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7051 JOY RD
Detroit, MI
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