Listing Courtesy of: REALCOMP / Listed By: Kw Domain
15860 Joy Road Detroit, MI 48228
Active (16 Days)
$3,900,000 (USD)
Description
MLS #:
20261053315
20261053315
Lot Size
1.72 acres
1.72 acres
Type
Multifamily
Multifamily
Year Built
1951
1951
School District
Detroit
Detroit
County
Wayne County
Wayne County
Listed By
Lauryn Johnson, Kw Domain
Source
REALCOMP
Last checked Jul 21 2026 at 6:32 PM GMT+0000
REALCOMP
Last checked Jul 21 2026 at 6:32 PM GMT+0000
Bathroom Details
- Full Bathrooms: 60
Subdivision
- Frischkorns Joy Road
Property Features
- Foundation: Basement
Heating and Cooling
- Forced Air
Basement Information
- Finished
Pool Information
- 0
Utility Information
- Utilities: Public (Municipal)
- Sewer: Sewer (Sewer-Sanitary)
- Fuel: Natural Gas
Stories
- 2 Story
Location
Disclaimer: Copyright 2024 RealComp MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 6/4/24 07:12
LOCATED 6 MINUTES FROM THE HISTORIC CITY OF DEARBORN YOU WILL FIND
THIS 60 UNIT ALL SECTION 8 COMPOUND NESTLED ON A 2 ACRE LOT IN THE QUIET OAKMAN BOULEVARD NEIGHBORHOOD OF HOMEOWNERS. THIS CROWN JEWEL IS RECENTLY REMODELED AND BOASTS 36 TWO BEDROOM 24 ONE BEDROOM APARTMENTS. SHE HAS BEEN CAREFULLY UPGRADED STARTING FROM THE 400 SQUARE BRAND NEW 40 YEAR ROOF WITH HIGH DEFINITION SHINGLES TO EVERY INCH OF ELECTRICAL IN EACH UNIT. SPEAKING OF BRAND NEW, THIS DIAMOND SHINES BRIGHT THROUGH EACH AND EVERY NEW WINDOW, NEW GUTTER AND NEW PIECE OF TRIM. IN ADDITION, THIS BEAUTY HAS A NEWER HEATING SYSTEM AND BRAND NEW PLUMBING TO INSURE MAINTENANCE FREE CASH FLOW. MOREOVER, SHE HAS FRESHLY ROLLED PAINT AND BRAND NEW CARPET WITH TOP OF THE LINE UNDERLAYMENT. EVERY UNIT IS TO BE RENTED TO SECTION 8 TENANTS. THE TENANTS PAY ALL THE UTILITIES, WHICH ALLOWS THIS COMPLEX TO MAINTAIN JUST UNDER 20% CASH ON CASH THIS DIAMOND WILL BE WRAPPED AROUND A LUCKY OWNER’S FINGERTIPS SOON!
NO SHOWINGS WITHOUT ACCEPTED FULL LIST OFFER.