$700,000
$800,000
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16 Beds
16 Baths
5,734 SqFt
SOLD DATE : 09/08/2021
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Common Entry Building
Listing Status Sold
Purchase Type For Sale
Square Footage 5,734 sqft
Price per Sqft $122
Subdivision Sunset Manor Condo Sub Plat
MLS Listing ID 218067196
Sold Date 09/08/21
Style Common Entry Building
Bedrooms 16
Full Baths 16
Originating Board Realcomp II Ltd
Year Built 1980
Annual Tax Amount $797
Lot Dimensions 100x200
Property Description
East China Township Michigan 16 Unit Investment Property. Broken down as 2 - 2 story 8 unit buildings. EACH well maintained building inc 2 attached buildings with 8 units total. 4 units up,4 units down. Each has 1 bedroom, 1 bath, laundry closet, 2 storage closets, Living room, kitchen with stove and refrigerator. Total 16 units. Each unit has its own individual tax parcel ID. So this could be converted to condos at some point and sold. The Sale includes 5230 Pointe Dr, Units A,B,C,D; 5232 Pointe Dr, Units A,B,C,D; and 5236 Pointe Dr, Units A,B,C,D; 5238 Pointe Dr, Units A,B,C,D. Tenants are month to month. Some have been there for years are paying $450 mo; recent tenants are paying $500 mo. Tenants pay security, their own water and electric. Owner pays common hall electric. snow removal, lawn cutting, exterior maintenance. Mail boxes are on premises, ample parking. Upper units have balconies, lower units have patios. Can be purchased for $900,000 if closed within 30 days.
Location
State MI
County St. Clair
Area East China Twp
Zoning Multi-Family
Direction M29 to north on Pointe Dr.
Interior
Heating Baseboard
Cooling Wall Unit(s)
Heat Source Electric
Exterior
Pool No
Road Frontage Paved
Building
Foundation Slab
Sewer Sewer at Street
Water Public (Municipal)
Architectural Style Common Entry Building
Level or Stories 2 Story
Structure Type Brick,Vinyl
Schools
School District East China
Others
Pets Allowed Yes
Tax ID 74189700009000
Ownership Short Sale - No,Private Owned
SqFt Source public rec
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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