Sold
Last Sold Price
40 beds25,600 sqft$52/sqft
14570 Greenfield Road, Detroit, MI 48227
Multi FamilyProperty Type
0.68 acresLot Size
1963Year Built
$52/sq ftPrice per sq ft

Description

One of a kind opportunity to get your hands on a fantastic investment with a 12% cap rate! 100% Occupied with long term tenants! This multi-family is completely up to date with CofO!. Beautiful hardwood flooring, Newer kitchens, updated bathrooms. 40 units total. Bringing in great revenue. Located in a very desirable area. This is a must see!One of a kind opportunity to get your hands on a fantastic investment with a 12% cap rate! 100% Occupied with long term tenants! This multi-family is completely up to date with CofO!. Beautiful hardwood flooring, Newer kitchens, updated bathrooms. 40 units total. Bringing in great revenue. Located in a very desirable area. This is a must see!
  • Listed by: Justin Zehel 248.979.3466 Zehel@proteamkw.com Brokerage DRE #6505312663 • Keller Williams Realty Central
Listing closed: 08/29/2018 12:00 AM • Source: Realcomp, MLS#: 58031346563

Location

Listing Courtesy of Keller Williams Realty Central

Sold By Home One Realty LLC

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Payment Calculator

$8,306 per month

30 year fixed, 6.71% Interest

Principal and Interest

$6,847

Property Taxes

$1,459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 14570 Greenfield Road

Property Details
  • Taxes: $17,507 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Subdivision Name: Avon Park Annex Sub
  • Architectural Style: 2 Story
  • Waterfront: No
Building Information
  • Residences: 40
  • Year Built: 1963
  • Lot Size: 0.68 AC / 29,620 SF
Summary
Location and General Information
  • Latitude: 42.395231
  • Longitude: -83.197961
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I049934C7
  • Tax Amount Summer: $15,593.00
  • Tax Amount Winter: $1,914.00
  • Tax Annual Amount: $17,507.00
  • Tax Legal Description: E GREENFIELD 5 THRU 2 EXC GREENFIELD AVE AS WD AVON PARK ANNEX SUB L32 P2 PLATS W C R 22/108 270 X 109.92A
School Information
  • High School District: Detroit
Property
Lot Information
  • Lot Size Acres: 0.68
  • Lot Size Dimensions: 29621
Property and Assessments
  • Living Area: 25600.0
  • Building Area Total: 25600.0
  • Above Grade Finished Area: 25600.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Year Built: 1963
Building Features
  • Foundation Details: Basement
  • Levels: Two
  • Stories Total: 2
Utilities
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 40.0
  • Has Basement: Yes
  • Bathrooms Full: 40
  • Bathrooms Total Integer: 40
  • Bedrooms Total: 40
  • Has Cooling: No
  • Fireplace: No
  • Heating: Separate Meters
Multi Family
Multi Family Information
  • Number of Units Total: 40
Agent
Sale and Listings
  • Public GLR Website: Yes

Property History for 14570 Greenfield Road

DateEvent & SourcePriceAppreciation
Aug 29, 2018

Sold

MiRealSource #31346563

$1,325,000
Aug 29, 2018

Sold

Realcomp #58031346563

$1,325,000
Aug 28, 2018

Sold (Public Record)

Public Record #631564964

$1,325,000
DateEvent & SourcePrice
08/29/2018

Sold

MiRealSource #31346563

$1,325,000
08/29/2018

Sold

Realcomp #58031346563

$1,325,000
08/28/2018

Sold (Public Record)

Public Record #631564964

$1,325,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 14570 Greenfield Road

Taxable ValueLand-Additions-Total-
Tax Record2025$21,212 ($1,768 / month)
Home Facts
Total Finished SqFt23,947 SqFtAbove Grade Finished SqFt23,947 SqFtUnfinished Basement SqFt9,175 SqFtStories2Lot Size29,621 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1963ZoningB2CountyWAYNEAPN22049934-7

Schools near 14570 Greenfield Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Burns Elementary-Middle School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Central

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