16217 Greenfield Road, Detroit, MI 48235 - MLS#81025014710

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Jason Miller

jason@millerteamrealtors.com +1(248) 444-8774

$1,400,000

Est. payment - /mo

4 Beds

0.58 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025014710

Bedrooms 4

Year Built 1962

Annual Tax Amount $34,924

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 179 x 142

Source Greater Metropolitan Association of REALTORS®

Property Description

These two multifamily properties offer strong investment potential with diverse rental opportunities. 16217 Greenfield Road features six units across two stories, with an average unit size of 673 square feet and a 67% occupancy rate. The mix of one- and two-bedroom units appeals to various tenants. 16225 Greenfield Road, with 26 units averaging 586 square feet, includes studios, one-bedroom, and two-bedroom units, with rents ranging from $650 to $900. Both properties offer competitive pricing and a variety of unit types, making them ideal for investors seeking to capitalize on the demand for affordable rental housing.

Location

State MI

County Wayne

Area Det - Schcraft-6 Grnfld-Limits

Direction on Greenfield between Hemlock & Florence

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 32.0

Road Frontage Pub. Sidewalk

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 22050824

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Shelby Fulkerson of Hub, LLC

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Jason Miller

+1(248) 444-8774

Broker | Brerms:277398

Broker Brerms:277398

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16217 Greenfield Road Detroit, MI 48235

Jason Miller

Key Details

Location

Interior

Exterior

Building

Schools

Others

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