Detroit, MI 48235,16225 GREENFIELD Road

$1,200,000

Est. payment /mo

$1,300,000

7.7%
Est.Price: ?

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16225 GREENFIELD Road Detroit, MI 48235

17 Beds

39 Baths

17,900 SqFt

SOLD DATE : 03/12/2022

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 17,900 sqft

Price per Sqft $67

Subdivision Greenfield Acres Sub (Plats)

MLS Listing ID 2210046820

Sold Date 03/12/22

Style Colonial

Bedrooms 17

Full Baths 26

Half Baths 26

Originating Board Realcomp II Ltd

Year Built 1949

Annual Tax Amount $8,661

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 129.00X142.00

Property Description

*Excellent Investment in Detroit with over 11% Cap Rate* This is a 100% fully occupied 26 apartment building with a lot of long term tenants. Electricity is paid by tenants. Rent rolls will be provided upon request. Please do not disturb tenants. No showings until we have an accepted offer.

Location

State MI

County Wayne

Area Det - Schcraft-6 Grnfld-Limits

Zoning Multi-Family

Direction north west side of Greenfield Rd

Rooms

Basement Unfinished

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 35.0

Roof Type Asphalt

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 3 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W22I050822C3

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2018

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Hathal K Taie of My Fair Realty
Bought with Jones Chance & Co.

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