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16217 Greenfield Road, Detroit City Wayne, MI 48235
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$1,600,000
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Home Details for 16217 Greenfield Road
Price
$1,600,000
Type
Multi Family
Bedrooms
6
Year Build
1962
Lot Size
0.58
County
Wayne
Basement
Full
Tax
$34,924
MLS®️ Listing#
81025014710
On exitrealty.com
145 days
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.
- Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Sewer Available
- Water Available
- Heating Information
- Forced Air
- Natural Gas
- Cooling Information
- Wall Unit(s)
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Hub, LLC - 734-667-1481
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Market statistics compiled from data from Michigan Regional Information Center.
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
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$1,600,000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220