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15097 Greenfield Road Detroit, MI $ 750,000
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$ 750,000 Get more info
15097 Greenfield Road
$ 750,000
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15097 Greenfield Road

Detroit, MI, 48227
$ 750,000
Baths0.0 Sq 8,504

Monthly Estimate*

$ 5,239

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Studio

Commercial Property for sale in Detroit, MI

for $750,000. This 8,504 square foot building was built in 1964 on a lot size of 0.24.

Discover a prime investment opportunity in Detroit with this 33-unit multifamily complex, offering an attractive mix of 1 bedroom, 1 bathroom units. Boasting a 78% occupancy rate, this property generates steady rental income enhanced by an on-site laundry unit. Positioned in a strategic location, it enjoys proximity to urban amenities and transportation hubs. Each unit is designed for modern comfort, ensuring tenant satisfaction and retention. With Detroit's ongoing revitalization efforts, investing in this property promises long-term value and potential returns. Don't miss out on this chance to secure a foothold in Detroit's thriving real estate market—schedule a viewing today!

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Commercial Active

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,300

Style

Lot Size

0.24

Year Built

1964

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240010378
Features
Interior
Heating Fuel Natural Gas
Total Units 17
Street Suffix Road
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Baseboard
Possession At Close
Zoning Multi-Family
Year Built 1964
Property Type Commercial
Subdivision Name RUGBY (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick Metal Siding
Cumulative Days on Market 59
MLS Area Det - Schcraft-6 Grnfld-Limits
Directions Head north toward W 7 Mile Rd/W Seven Mile Rd Turn left onto W 7 Mile Rd/W Seven Mile Rd Turn left onto Livernois Pass by Burger King Turn right onto Fenkell Ave Pass by Little Caesars Pizza T
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name GREENFIELD
Assessment 100.00
Total Sq Ft 8504
DOM 59
Taxes 9300.0000
Legal Description W GREENFIELD W 142.16 FT 5 RUGBY SUB L29 P75 PLATS W C R 22/18 74 X 142.16
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Exterior
Waterfront 0
Lot Size Area 0.24
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 74.00 x 142.00
Architecture Level 3 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Laura Sanchez

Listing Agent

Creative Usa Investment Group Llc

Broker

(313) 802-4736

Phone

Affordability Calculator

$6,014
Per Month
87%
13%
0%
Monthly Principal & Interest
$5,239
Monthly Property Taxes
$775
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/23/2024$750,000 Listed Price

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15097 Greenfield Road, Detroit, MI, 48227 is a Commercial Property for sale at $750,000 with 8,504 sqft and a lot size of 0.24. 15097 Greenfield Road is a studio with 0.0 baths and was built in 1964. The property's zip code is 48227 which is in Detroit, MI

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