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About This Home
This 0-bedroom, 0-bathroom commercial at 15142 JOY Road in Detroit, MI is listed for $179,900 ($87 per sqft). Built in 1931, the home offers 2,062 sqft of living space on a 0.05 acres lot.
Prime Investment Opportunity on Joy Rd: This commercial real estate package offers three parcels, including a separate upper efficiency apartment, all on a 60 x 100 lot in a highly sought-after area known for its thriving auto industry. Just minutes from Dearborn, the property boasts modern updates, including new electrical, plumbing, and roofing, along with two brand-new door bays. The apartment, with its separate entrance and utilities, enhances rental appeal.
Currently generating $2,500 in monthly income from a successful detail shop and rented apartment, this property offers significant potential for expansion. With security fencing in place and ample parking for up to 18 cars, the additional vacant space is perfect for storage, warehousing, or further development. Seize this opportunity to invest in a versatile property with a solid income stream and room to grow.
Key Features
- Built in 1931
- 0.05 acre lot
Property Details
Monthly Cost Estimate
$962/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15142 JOY Road
Detroit, MI 48228
FRISCHKORNS W CHICAGO BLVD (ALSO P12 PLATS)
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 15142 JOY Road is listed at $179,900 ($87/sqft). The estimated monthly payment is $780 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.05 acre lot.
This property is listed by Nader Rammal and can be reached at 3137772700 or NADERRAMMAL1@GMAIL.COM.
