* * * Outstanding 40 Unit Apartment complex! This complex has 32 one beds one baths & eight two beds one bath! Complex is getting great rents! 10% plus cap rate. Updated units with hardwood flooring! Located in the desirable Greenfield Blvd strip of Detroit! 100% Occupied complex! This complex will sell fast . .. .Cash Only
Multi-familyProperty Type
1964Year Built
0.6 acresLot Size
$51Price/Sq.Ft.
3 spacesParking
Listed by Justin Zehel• Keller Williams Realty Central
* * * Outstanding 40 Unit Apartment complex! This complex has 32 one beds one baths & eight two beds one bath! Complex is getting great rents! 10% plus cap rate. Updated units with hardwood flooring! Located in the desirable Greenfield Blvd strip of Detroit! 100% Occupied complex! This complex will sell fast . .. .Cash Only
REALCOMP #58031355778
Sep 13, 2018
Sold
$1,300,000
$51/sq ft
Aug 2, 2018
Listed
$1,550,000
$61/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Lot width
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Year built
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Style
Multi-Family (5+ Unit)
County
Wayne County
APN
22119370001
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Basement
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Accessible
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Garage
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Last updated by owner on Apr 11, 2023.
PD
Planned Development District
The PD Planned Development District will permit planned developments throughout the City and will be particularly useful in district areas established in accordance with Section 74 of the Michigan Blighted Area Rehabilitation Act, being MCL 125.74, for urban renewal. Such planned developments shall be substantially in accordance with the goals and objectives of the Master Plan, by having a major land use that corresponds to the most general category of land use, which are residential, retail and local services, industrial, mixed use, parks and open space and other, proposed in the Master Plan for the area involved. Such planned developments shall provide a desirable environment for the uses proposed and shall not be out of harmony with their general surroundings. The regulations of the district are designed to accomplish this by permitting flexibility in overall development while ensuring adequate safeguards and standards for public health, safety, convenience, and general welfare and, where applicable, encouraging historic preservation. Developers are advised to confer with the Planning and Development Department or the City Planning Commission to ensure compliance with this Code before investing large amounts of time and energy in preparing plans and proposals. The review and approval procedures for developments on land zoned PD are specified in Article III, Division 4, of this chapter.