16217 Greenfield Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48235
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
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
Interior
Heating Forced Air
Cooling Wall Unit(s)
Laundry 1
Exterior
Garage Spaces 32.0
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional