5232 Pointe Dr, EAST CHINA TWP

$1,000,000

0 Beds
4 Baths
500 Sqft
½ Acres
0 Garages

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.

Essential Information
MLS® #58031354454
Price$1,000,000
Bathrooms4.00
Full Baths4
Total Sq. Ft500
Acres0.50
Year Built1980
TypeMultifamily
StatusActive
Community Information
Address5232 Pointe Dr
Area10201-East China Twp
SubdivisionSUNSET MANOR CONDO SUB PLAT
CityEAST CHINA TWP
CountySt. Clair
StateMI
Zip Code48054
Interior
HeatingBaseboard
Exterior
ExteriorBrick, Vinyl
FoundationSlab
School Information
DistrictEast China
Additional Information
ZoningResidential
Office

Real Estate One Westrick-Marine City

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