MI
Wayne
Detroit City Wayne
48235
16217 Greenfield Road
16217 Greenfield Road, Detroit City Wayne, MI 48235
Share Listing
Listing Type
Multi Family
Listing Status
active
5
$1,600,000

Home Details for 16217 Greenfield Road

Price
$1,600,000
Type
Residential Income
Bedrooms
6
Bathrooms
Square feet
NaN
Year built
1962
Lot size acres
0.58
County
Wayne
Garage
Basement
Full
Days on site
242
MLS Listing#
81025014710
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.

Property Features
  • 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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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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