East China Twp, MI 48054,5230 Pointe Dr

$700,000

$800,000

12.5%
Est.Price: ?

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Est. payment /mo

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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Realcomp MLS
Listed by Real Estate One Westrick
Bought with Unidentified Office
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

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