x
Address
5238 Pointe Dr East China Twp, MI
Price
$ 1,000,000
Property Attributes
  • MLS#218067237
  • TypeMulti-Family
  • CountySAINT CLAIR
  • CityEast China Twp
  • AreaEast China Twp
  • NeighborhoodSUNSET MANOR CONDO SUB PLAT
  • Zip48054
  • StyleCommon Entry Building
  • Year Built1980
  • Taxes797
  • Price$ 1,000,000
  • Bedrooms16
  • Full Bathrooms16
  • Half Bathrooms0
  • 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

Cumulative Days on Market 321
Gross Scheduled Income 88800.00
Listing Agent Public Id 153558
Net Operating Income 72970.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 74189700005000
Property Type Multifamily
School District East China
Short Sale No
Status Active
Subdivision Name SUNSET MANOR CONDO SUB PLAT
Terms Offered Cash, Conventional
Total Sq Ft 5734
Transaction Type Sale
Year Built 1980
Zoning Multi-Family

Interior Features

Cooling Wall Unit
Full Baths 16
Heating Baseboard
Heating Fuel Electric
Total Baths 16.00
Total Units 16
Unit Count 1

Exterior Features

Architecture Level 2 Story
Architecture Style Common Entry Building
Construction Materials Brick, Vinyl
Foundation Slab
Foundation Materials Poured
Frontage Feet 100
Lot Size Area 0.00
Lot Size Dimensions 100x200
Sewer Sewer-Sanitary
Water Source Municipal Water

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



IDX provided courtesy of Realcomp II Ltd., via and The Originating MLS(found above), © 2019 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 18, 2019 6:49 PM. Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48054

Price
AVG $1.05M
$1M
Taxes
AVG $797
$797
Visits
AVG 85
250
Year Built
AVG 1980
1980

Areas We Cover