$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
16225 GREENFIELD Road Detroit, MI 48235
17 Beds
39 Baths
17,900 SqFt
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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Bought with Jones Chance & Co.