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$1,000,000 For Sale

5232 Pointe Dr
East China, MI 48054

Multi Family Home
0.5 acres - MLS# 31354454
Property Photo
1/11

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.

Features

  • Appliances: Range/Oven, Refrigerator
  • Association/Landlord Pays: Lawn Maintenance, Snow Removal, Taxes
  • Baths: 4
  • Bedrooms: 4
  • Cooling System: Wall/Window A/C
  • County/Area: St. Clair County
  • Dining/Kitchen: Dining "l"
  • Exterior Construction: Brick, Vinyl Siding
  • Exterior Features: Deck, Patio, Porch
  • Foundation Type: Slab
  • Fuel Type: Electric
  • Full Baths: 4
  • Heating System: Baseboard, Electric Heat
  • Listing Status: Active
  • Lot Description: Deep Lot - 150+ Ft.
  • Lot Size: 100x200
  • Municipality: East China Twp
  • Originating Mls: Mi Real Source
  • Property Type: Multi Family Home
  • Roads: Paved Street
  • Sale/Rent: For Sale
  • School District: East China School District
  • Sewer Septic: Public Sanitary
  • Source MLS: MiRealSource
  • Stories: Condo/Apt 2nd Flr or Above
  • Sub Type: Investment, Multi-Family
  • Subdivision: Sunset Manor Condo Sub Plat
  • Subdivision/Neighborhood: Sunset Manor Condo Sub Plat
  • Summer Tax Amount: 631
  • Total Tax Amount: 797
  • Unit 1 Bedroom 1 Size: 13 x 10
  • Unit 1 Dining Room Size: 8 x 6
  • Unit 1 Kitchen Size: 5 x 10
  • Unit 1 Living Room Size: 15 x 11
  • Unit 2 Bedroom 1 Size: 13 x 10
  • Unit 2 Dining Room Size: 8 x 6
  • Unit 2 Kitchen Size: 5 x 10
  • Unit 2 Living Room Size: 15 x 11
  • Unit 3 Bedroom 1 Size: 10 x 13
  • Unit 3 Dining Room Size: 8 x 6
  • Unit 3 Kitchen Size: 5 x 10
  • Unit 3 Living Room Size: 15 x 11
  • Unit 4 Bedroom 1 Size: 13 x 10
  • Unit 4 Dining Room Size: 8 x 6
  • Unit 4 Kitchen Size: 5 x 10
  • Unit 4 Living Room Size: 15 x 11
  • Water: Public Water
  • Water Heater: Electric
  • Winter Tax Amount: 166
  • Year Built: 1980
  • Zip Code: 48054
  • Zoning: Residential
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Wynne Achatz
Saint Clair, Sanilac and Macomb County
Phone: 810-765-8861
Text me at: 586-260-7653
Email: reowestrick@sbcglobal.net
Hours 7 am - 9pm EST Email, Talk or Text
Office doors Open 9 am - 5PM EST or By Appointment

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