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16225 Greenfield Rd

Detroit, MI 48235
  • $1,300,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • MLS #: 2210046820
Under Contract
UPDATED: 45 min ago
$1,300,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 2
    BATHS
  • 6
    1/2 BATHS
  • 17,900
    SQFT
  • $73
    $/SQFT
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

School District:

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.

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©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-12-07T15:46:23.923.
www.buyeastsidehomes.com/homes/123039420
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16225 Greenfield Rd Detroit, MI 48235

  • Price: $1,300,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 45 min ago
  • MLS #: 2210046820
0
Beds
2
Baths
6
½ Baths
0.42
Acres
17,900
SQFT
$73
$/SQFT
1949
Built
Neighborhood:
Greenfield Acres Sub (Plats)
County:
Wayne
Area:
Detroit (82001)
School District:
Detroit City School District
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.
Exterior Features

Exterior Construction Brick Foundation Type Basement Lot Size 129.00X142.00 Roads Paved Street Styles Colonial Waterfront YN No

Interior Features

Basement Type Block Basement YN Yes Cooling System Wall/Window A/C Fireplace YN No Fuel Type Natural Gas Heating System Hot WaterWall Heat Water Heater Gas

Property Features

Assessments YN No Association Or Landlord Pays Water/Sewer Community Amenities Some Pet Restrictions Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Municipality Detroit Municipality Type City Net Operating Income 147800 Occupancy Close Of Escrow Ownership Private Property Type Multi-Family SEV 183300 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 7744 Total Tax Amount 8661 Water Public Water Winter Tax Amount 917 Zoning Multi-Family

Listing courtesy of My Fair Realty.

Source MLS: MiRealSource
Originating MLS: Realcomp

Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


©2021 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Tom Lipinski Team at Keller Williams Lakeside Market Center. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2021-12-07T15:46:23.923.
 
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The Tom Lipinski Team at Keller Williams Lakeside Market Center
45609 Village Blvd.
Shelby Township MI, 48315