x
Address
5238 Pointe Dr East China, MI
Price
$ 1,000,000
Property Attributes
  • MLS#31354457
  • TypeMulti-Family
  • CountySAINT CLAIR
  • CityEast China
  • AreaEast China Twp
  • NeighborhoodEast China Twp
  • Zip48054
  • Style
  • Year Built1980
  • Taxes797
  • Price$ 1,000,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage500
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Real Estate One Westrick-M
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
7/21/2018 Listed $1,200,000
2/6/2019 17% - $1,000,000

General Features

Associated Document Count 4
Bathrooms 4
Class MULTIFAMILY
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 MI Real Source
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 Residential

Interior Features

Appliances Range/Oven, Refrigerator
Cooling Wall/Window A/C
Dining/Kitchen Dining L
Fireplace? No
Fuel Type Electric
Full Baths 4
Heating Electric Heat
Total Beds 4
Total Number of Units 16

Exterior Features

Exterior Brick, Vinyl Trim
Exterior Features Patio, Porch, Exterior Balcony
Foundation Type Slab
Lot Description Deep Lot - 150+ Ft., Large Lot - 65+ Ft.
Lot Dimensions 100x200
Lot Size Area 0.5
Separate Electric Y/n Yes
Separate Gas Y/n No
Separate Heat Y/n Yes
Separate Water Y/n Yes
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 48
57
Year Built
AVG 1980
1980