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16751 Greenfield Road

Detroit, MI 48235
  • $500,000
  • STATUS: Accepting Backup Offers
  • ON SITE: 162 Days
  • MLS #: 20240006847
Under Contract
UPDATED: 116 min ago
$500,000
  • 0
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,958
    SQFT
  • $56
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:
Zoning:
Commercial
Lot Size Dimensions:
120.00 x 110.00

School Ratings & Info

School District:

Description

Back on the market! Buyer financing fell through.Excellent Investment Opportunity In The City Of Detroit! this 12 unit apartment is up for sale. This unit offers 8 nice size 1 bed room and 4- 2 bedroom units. new heating system, laundry onsite, with separate storage in basement for each unit. Please do not approach tenants! This unit will be shown by appointment only to pre-approved buyers, must submit purchase agreement and show proof of funds to see.Has been appraised (appraisal came back over asking price), inspected, and has C.O.C from city

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IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-07-17T17:12:50.323.
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16751 Greenfield Road Detroit, MI 48235

  • Price: $500,000
  • Status: Accepting Backup Offers
  • On Site: 162 Days
  • Updated: 116 min ago
  • MLS #: 20240006847
0
Beds
0
Baths
0
½ Baths
0.3
Acres
8,958
SQFT
$56
$/SQFT
1954
Built
Neighborhood:
Inglewood Park No 3
County:
Wayne
Area:
Det - Schcraft-6 Grnfld-limits
School District:
DETROIT
Property Description
Back on the market! Buyer financing fell through.Excellent Investment Opportunity In The City Of Detroit! this 12 unit apartment is up for sale. This unit offers 8 nice size 1 bed room and 4- 2 bedroom units. new heating system, laundry onsite, with separate storage in basement for each unit. Please do not approach tenants! This unit will be shown by appointment only to pre-approved buyers, must submit purchase agreement and show proof of funds to see.Has been appraised (appraisal came back over asking price), inspected, and has C.O.C from city
Exterior Features

Architecture Level 2 Story Construction Materials Brick Foundation Details Basement Foundation Materials Poured Lot Size Dimensions 120.00 x 110.00 Road Frontage Feet 260 Road Frontage Type Paved Roof Material Asphalt Side Of Street S Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Baseboard Sq Ft Main 8958 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 8 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4 Water Heater Fuel Natural Gas

Property Features

Assessment 100.00 Commercial Type ApartmentsReal Estate Only Existing Lease YN Yes Gross Scheduled Income 75600.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Net Operating Income 21024.00 Operating Expense 54576.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 90 Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 8124.0000 Tax Amount Winter 935.0000 Title Standard (Private) Total Tax 9059.0000 Unparsed Address 16751 GREENFIELD Road Water Source Public (Municipal) Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Supreme Management, LLC: (313) 694-1603 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-07-17T17:12:50.323.
 
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