15860 Joy Rd

Detroit, MI
$ 3,300,000 Beds 0 Baths 0 Sq 36,221
Monthly Estimate* How much can I afford?

MULTIPLE OFFERS HIGHEST AND DUE BY MONDAY 5PM!!! PRO FORMA IN DOCUMENTS! NEW WINDOWS ON ORDER! CALLING ALL LONG TERM INVESTORS!!! THIS IS THE ONLY SECTION-8 60 UNIT APARTMENT BUILDING IN THE COUNTRY. 60 SECTION-8 HOMES UNDER ONE ROOF, ONE TAX BILL, ONE WATER BILL, 95% OCCUPIED, JUST UNDER $50,000 A MONTH IN GOVERNMENT GUARANTEED RENTS, 15% CASH ON CASH RETURNS AND SELLER IS RETIRING. CONVENIENTLY LOCATED NEAR FAIRLANE MALL, UNIVERSITY OF MICHIGAN-DEARBORN CAMPUS, ACCESS TO SOUTHFIELD AND 96 FREEWAYS. DOCUMENTS AND SHOWINGS ARE ONLY AVAILABLE DURING DUE DILIGENCE PERIOD WITH NDA, PROOF AND FUNDS AND ACCEPTED OFFER. TENANTS PAY ALL UTILITIES, NEWER MECHA NICALS, BRAND NEW ELECTRICAL PANELS, PARKING IN THE REAR. TEXT OR EMAIL ALL SERIOUS INQUIRIES.

Commercial

  • Price
  • $ 3,300,000
  • Lot Size
  • 1.72 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 36,221
  • Full Bathrooms
  • 0
  • Year Built
  • 1951
  • Half Bathrooms
  • 0
  • City, Zip
  • Detroit
  • Taxes
  • $ 28129
  • County
  • WAYNE
  • Style
  • Commercial/Industrial
  • Area
  • Detroit
  • MLS#
  • 40201412
  • Zip
  • 48228
Listing Provided by: Front Page Properties - 3138779020
Data Source: MiRealSource (MIRS) - 138 - MI

Features

General

Class COM/IND/BUS OPP
Commercial Features Cable TV Available
Directions North of Joy Rd and West of Greenfield
Financial Terms Cash
Heating Forced Air
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Roof Asphalt
Source Mls MI Real Source
Status Active
Status Active
Subdivision FRISCHKORNS JOY ROAD (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1951
Zoning Multi-Family, Residential

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Inventory
Exterior Brick
Foundation Type Basement
Frontage 497
Lot Dimensions 497x150
Lot Size Area 1.72
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Shelby Township, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/22/2021 Listed $3,500,000
9/12/2021 1% - $3,499,000
9/23/2021 3% - $3,399,000
10/4/2021 3% - $3,299,000

Property vs Zip Code Average in 48228

Price
AVG $800K
$3.3M
Taxes
AVG $6,534
$28,129
Visits
AVG 24
9
Year Built
AVG 1958
1951
Walkscore
AVG 59
60
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

15860 Joy Rd Detroit, MI is a Single Family Home for sale at $3300000 with 36221 sqft and a lot size of 1.72 Acres Acre(s). 15860 Joy Rd Detroit has 0 bedrooms, 0 baths and was built in 1951. The property's zip code is 48228 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.