18401 Joy Road
Detroit,
MI
48228
Property Details
List Price: |
$1,399,900 |
Beds: |
-- |
Baths: |
29 |
Status: |
Active |
SqFt: |
15392 |
Agency: |
Berkshire Hathaway HomeServic |
Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1972 |
Notes: |
The property is an income producing 29-unit apartment building located on the West side of the city Detroit, Michigan. The property is positioned in the Warrendale Neighborhood, off Joy Rd just West of the Southfield Freeway. Penrod Faust consists of two buildings, with parking spaces on the side and back of the building. There are 29 units that are all 1 bedroom 1 bath, approximately 630 square feet. They heavy lifting is finished!!! Come in set your rents, fill your units and watch the cash flow in. The property is 80% occupied charging over $21,600 per month in gross potential rent. Of the 29 units - 12 units have been turned with light renovations. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. |
MlsNumber: |
24009176 |
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Listing Provided By: |
Berkshire Hathaway HomeServic, original listing |
Name: |
Berkshire Hathaway HomeServic |
Phone: |
(248) 646-6200 |
Office Name: |
Berkshire Hathaway HomeService |
Office Phone: |
(586) 774-2300 |
Agent Name: |
Bryan Redmond |
Disclaimer: |
Copyright © 2024 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |