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16225 GREENFIELD Road Detroit, MI 48235 3883
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Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,900 sqft
Price per Sqft $67
Subdivision Mi
MLS Listing ID 40190531
Sold Date 03/12/22
Full Baths 26
Half Baths 26
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 Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Hot Water
Cooling Wall/Window A/C
Exterior
Exterior Feature Brick
Waterfront No
Building
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS
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