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$1,200,000 For Sale

5238 Pointe Dr
East China Twp, MI 48054

16 units | Multi Family Home - MLS# 218067237
Property Photo
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Description

East China Township Michigan 16 Unit Investment Property. The 16 units R broken down as 2 - 2 story 8 unit buildings. Each well maintained building includes 2 attached buildings with 8 units total. There R 4 units up,4 units down. all 16 units have 1 bedroom, 1 bath, a laundry closet, 2 storage closets, Living room, kitchen with stove and refrigerator. All units make up the 16 units. Each included in sale has an individual tax parcel ID. 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. rear of parcel. Currently all tenants are month to month. Some tenants have been there for years are paying $450.00 mo; recent tenants are paying $500.00

Features

  • Architecture Level: 2 Story
  • Baths: 16
  • Conforms To Zoning: Unknown
  • Construction Materials: Brick, Vinyl
  • Cooling: Wall Unit
  • County/Area: St. Clair County
  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Frontage Feet: 100
  • Full Baths: 16
  • Gross Scheduled Income: 88800.00
  • Heating: Baseboard
  • Heating Fuel: Electric
  • Income Projection: Projected
  • Listing Financing: Cash, Conventional
  • Listing Status: Active
  • Lot Dimensions: 100x200
  • Monthly Rental Income: 7400
  • Net Operating Income: 72970.00
  • Number Of Units Leased: 15
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Parking: Paved
  • Property Type: Multi Family Home
  • Road Frontage Type: Paved
  • School District: East China
  • Sewer: Sewer-Sanitary
  • Sq.Ft.: 5734
  • Sqft Combined: 5734
  • Sqft Source: Public Rec
  • Style: Common Entry Building
  • Sub Type: Multi Family Home
  • Subdivision: Sunset Manor Condo Sub Plat
  • Subdivision/Neighborhood: Sunset Manor Condo Sub Plat
  • Total Baths: 16.00
  • Unit Count: 1
  • Unit One Bed Number Of: 16
  • Units: 16
  • Water Source: Municipal Water
  • Year Built: 1980
  • Zip Code: 48054
  • Zoning: Multi-Family
agent photo
Wynne Achatz
Saint Clair, Sanilac and Macomb County
Phone: 810-765-8861
Text me at: 586-260-7653
Email: reowestrick@sbcglobal.net

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