15080 Greenfield Road, Detroit, Michigan 48227

$399,000

Property Details

MLS#: 20261050163
Bedrooms: N/A
Bathrooms: 8
Square Feet: 7,080
Price per Sqft: $56
Lot Size: 0.19 acres
Year Built: 1962
Property Type: ResidentialIncome
Status: Active
Days on Market: 6

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

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 15080 Greenfield Road?

15080 Greenfield Road is listed at $399,000, or $56 per square foot.

How many bedrooms does 15080 Greenfield Road have?

This property has N/A bedrooms and 8 bathrooms, with 7,080 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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