x
Address
5238 Pointe Dr East China, MI
Price
$ 1,000,000
Property Attributes
  • MLS#21483180
  • TypeMulti-Family
  • CountySAINT CLAIR
  • CityEast China
  • AreaEast China Twp
  • NeighborhoodEast China Twp
  • Zip48054
  • Style
  • Year Built1980
  • Taxes797
  • Price$ 1,000,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms6
  • Sqr Footage5734
Listing Provided Courtesy Of:
Real Estate One Westrick
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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/31/2018 Listed $1,200,000
2/6/2019 17% - $1,000,000

General Features

Bathrooms 7
Class MULTIFAMILY
Directions M29 to north on Pointe Dr.
Financial Terms Cash, Conventional
Legal Description UNITS 1-8 SUNSET MANOR CONDOMINIUM SUBD PLAT NO 29 LIBER1103 PAGES 233 TO 281
Listing Area East China Twp (74016)
Listing Status Active
Municipality East China Twp
Originating Mls RealComp
Ownership Private
School District East China School District
Source Mls MI Real Source
Status Active
Subdivision SUNSET MANOR CONDO SUB PLAT
Subj To Short Sale Apprvl No
Type Multi-Family
Year Built 1980
Zoning Multi-Family

Interior Features

Fireplace? No
Fuel Type Electric
Full Baths 1
Half Baths 6
Heating Wall Heat, Baseboard, Electric Heat
Total Number of Units 16

Exterior Features

Exterior Brick, Vinyl Siding
Foundation Type Slab
Frontage 100
Lot Dimensions 100x200
Roads Paved Street
Sewer Septic Public Sanitary
Structure Style 2 Story
Water Public Water
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48054

Price
AVG $1.05M
$1M
Taxes
AVG $797
$797
Visits
AVG 85
129
Year Built
AVG 1980
1980