Buy&Hold (Multifamily) (18 units) 15024 Joy Rd, Detroit, MI 48228 - Deal Available
Updated: 4 days ago
Multifamily Investment Opportunity
Price
$750,000
18 Units - 13,360 SF
(11 out of 18 occupied)
Great opportunity to invest in a multifamily property in the City Of Detroit. This property is all brick for a total of 18 Units, 11 are occupied and 7 are vacant. There is great potential for value add in renovating and filling the vacant units. Building had the basement waterproofed, and beams installed in the basement this past summer. Spent $60,000 on property. Vacant Units are not bad at all to get rent ready under $1,000. Leases and Financial information attached below. Please submit all offers directly to sarter@promiselandrealtyllc.com
Property Photos
https://www.dropbox.com/scl/fo/li4bvhfc1klilkxrujvmg/h?dl=0&rlkey=m3m8f5065s24bugebvefdabuo
Additional Information
Leases and Ledgers - https://www.dropbox.com/scl/fo/1qxa81ysnlw4gs8dmb2rf/h?dl=0&rlkey=5wtmh2j6o676785s6j715fbh8
Property Map
"Your #1 Source for Off Market Investment Properties, NATIONWIDE"
PROMISE LAND REALTY, LLC
Work: 864-762-2509
sarter@promiselandrealtyllc.com
All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. *Realtors add your fee on top*