$240,000
$259,250
7.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,693 SqFt
SOLD DATE : 06/10/2024
Key Details
Sold Price $240,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $141
Subdivision Crosswinds North
MLS Listing ID 58050128903
Sold Date 06/10/24
Style Ranch
Bedrooms 3
Full Baths 2
HOA Y/N yes
Originating Board MiRealSource
Year Built 2001
Annual Tax Amount $3,525
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 100 X 188
Property Description
Phenomenal Investment Opportunity, long standing TENANT OCCUPIED until July of 2025. Asking 15% below Market Value and Seller is giving $15,000 at closing to compensate Cash Flow. Boasting a PRIME LOCATION located near numerous amenities in the Clayton Twp/Swartz Creek area. New Roof (2022) and New Deck (2023) Property is currently occupied by a longstanding tenant and the lease is valid until July of 2025. THIS IS AN "EQUITY" PLAY INVESTMENT, NOT CASH FLOW, ANTICIPATED RATE OF RETURN ON INVESTMENT OVER 2 YEARS ESTIMATED TO BE OVER 40% Analysis value range of $300,000-$325,000 Priced at $259,250, Approximately $45,750 instant equity
Location
State MI
County Genesee
Area Clayton Twp
Rooms
Basement Daylight
Kitchen Dishwasher, Disposal, Microwave, Oven, Range/Stove, Refrigerator
Interior
Interior Features Other, Egress Window(s), Jetted Tub
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplaces Type Gas
Fireplace yes
Heat Source Natural Gas
Exterior
Garage Electricity, Door Opener, Attached
Garage Description 2 Car
Pool No
Waterfront no
Porch Deck
Road Frontage Paved
Garage yes
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Level or Stories 1 Story
Structure Type Brick,Vinyl
Schools
School District Swartz Creek
Others
Tax ID 0424584014
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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