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About the Listing 105780 - 672622
Prime value-add multifamily investment opportunity in Detroit. This 14-unit property (all 1-bedroom units) is approximately 80% occupied with 11 paying tenants, providing immediate cash flow and a clear path to increased NOI. Extensive upgrades and improvements completed since 2023 reduce near-term capital expense risk while enhancing rent growth potential. Significant upside remains through stabilization of vacant units and continued rental optimization. Ideal for investors seeking strong yield, forced appreciation, and long-term portfolio growth. Let's make a deal.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Commercial Sale
MLS ®
60965551
Year Built
19
Total Square Footage
8,326
Lot/Acreage
0.23
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 8326
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Community
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 102X100
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Public At Street
Financial Details
- Tax Amount: $8,261
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
14801 Joy Detroit, MI 48228
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