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$ 399,000
Est. payment /mo
New
15080 Greenfield Road Detroit, MI 48227
8 Baths
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261050163
Year Built 1962
Annual Tax Amount $22,548
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 74X109.91
Source Realcomp
Property Description
Exceptional multifamily investment opportunity! This 8-unit apartment building offers the ideal combination of immediate cash flow and value-add potential. With 5 of the 8 units currently occupied, including Section 8 tenants, the property provides reliable income from day one, while the three vacant units create an opportunity to increase rental revenue and boost overall returns through lease-up and strategic improvements. Convenient access to major freeways, shopping, dining, public transportation, and employment centers, this property is well-positioned to attract and retain tenants. Whether you're looking to expand your portfolio, complete a value-add project, or build long-term wealth through multifamily investing, this asset offers multiple avenues for income growth and appreciation. With strong rental demand in the area and the ability to increase occupancy and maximize cash flow, 15080 Greenfield is an opportunity investors won't want to miss.
Location
State MI
County Wayne
Zoning Commercial
Direction Southfield Fwy South - Exit Fenkell & E On Fenkell To Greenfield
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I049962S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Match Realty
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