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.
Property Details
16
16
5,734 Sqft
1980
0 Acre
Brick,vinyl
Vacant Land
0
Brick,Vinyl
Features
: Baseboard
: Wall Unit(s)
: Paved
Utilities
: Sewer At Street
Electric
Local Info
Sunset Manor Condo Sub Plat
Financial/Legal
797
No
$0
$0
Listing Details
Pointe Dr
5230
Multi-family
S
Other Details
218067196
Real Estate One Westrick
Active

5230 Pointe Dr East China Twp, MI 48054

5230 Pointe Dr, East China Twp, Michigan 48054

16 Bathrooms Full
5,734 Sqft
$1,000,000
Listing ID #218067196
Overview
Price : $1,000,000
Property Type : Multifamily
Listing Type : For Sale
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