MI > Detroit > Mi
Detroit, MI 48235,16217 Greenfield Road
Detroit, MI 48235,16217 Greenfield Road
Detroit, MI 48235,16217 Greenfield Road
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Place Perfect Realty

Place Perfect Realty

+1(920) 956-9061
$ 900,000
Est. payment | /mo

0.58 Acres Lot

Save
$ 900,000
Est. payment | /mo
Save

0.58 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70487057

Year Built 1962

Annual Tax Amount $34,924

Tax Year 2024

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 179 x 142

Property Sub-Type Multi-Family

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 Detroit (82001)

Rooms

Basement Other

Interior

Heating Forced Air

Exterior

Exterior Feature Brick

Building

Structure Type Brick

Schools

School District Detroit City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Hub, LLC
Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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16217 Greenfield Road