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.