15080 Greenfield Rd, Detroit, MI 48227

$399,000
8
BA
7,080
SqFt

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List Price
$399,000
MLS#
20261050163
Status
ACTIVE
Bathrooms
8
Subdivision
AVON PARK SUB

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.

Additional Information

Year Built
1962
Basement Type
Unfinished
Acres
0.19
Style
Other
Acres
0.19
School District
Detroit
Heating
Hot Water, Natural Gas

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Courtesy of Match Realty 3134827432