16217 Greenfield Road
Detroit, MI 48235
0.58 acres | #81025014710
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.
Property Details
- Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
- Sewer InformationPublicSewer, SewerAtStreet
- Utility SourcePublic, WateratStreet
- Property TypeMulti-Family
- MLS #81025014710
- Property SubtypeMultiFamily
- MLS #81025014710
- Original List Price$1,600,000
- CoolingWallUnits
- Cooling FeaturesWallUnits
- Community FeaturesSidewalks
- Parcel Number22050824
- School DistrictDetroit
- Taxes Annual$34,924
- Cost1600000
- CountyWayne
- Acres0.58
- Basement DescriptionFull
- Year Built1962
- Basement1
- Days on Market (Cumulative)7
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Shelby Fulkerson (#81181728293502), Email: shelby@hubrealtysolutions.com
Listing Office: Hub, LLC (#814805654670)
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