16751 GREENFIELD Road Detroit, MI ^$ 500,000

16751 GREENFIELD Road

^$ 500,000

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16751 GREENFIELD Road

Detroit, MI, 48235

^$ 500,000

Studio Baths0.0 Sq 8,958

Monthly Estimate*

^$ 3,493

16751 GREENFIELD Road, Detroit, MI 48235 - Image 1

Studio

Commercial Property for sale in Detroit, MI

for $500,000. This 8,958 square foot building was built on a lot size of 0.3.

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

Commercial Active

Price

^$ 500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 9,059

Style

Commercial/Industrial

Lot Size

0.3

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60286155

Features

General

Heating Baseboard

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 19

Subdivision INGLEWOOD PARK NO 3 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions S of McNicholes/ W side of Greenfield

City Detroit

Street Name GREENFIELD

Financial Terms Cash Conventional

Legal Description W GREENFIELD 508 THRU 513 INGLEWOOD PARK SUB NO 3 L52 P67 PLATS W C R 22/187 120 X 110

DOM 20

Postal Code 48235

Price Per Sq Ft Total 55.82

Coming Soon

Exterior

Exterior Brick

Frontage 260

Lot Size Area 0.3

Lot Dimensions 120.00 x 110.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Wesley Hardnett

Listing Agent

Supreme Management, Llc

Broker

soldbywes247@gmail.com

Affordability Calculator

$4,248

Per Month

Monthly Principal & Interest: $3,493
Monthly Property Taxes: $755
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$469,629

Percent of Sale Price 6%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/5/2024	$500,000		Listed Price

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16751 GREENFIELD Road, Detroit, MI, 48235 is a Commercial Property for sale at $500,000 with 8,958 sqft and a lot size of 0.3. 16751 GREENFIELD Road is a studio with 0.0 baths. The property's zip code is 48235 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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16751 GREENFIELD Road

Commercial Property for sale in Detroit, MI

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