38272 Fairway Unit 43 / 2, CLINTON TWP

$1,495,000

1 Beds
1 Baths
740 Sqft
0 Acres
0 Garages

Don't let this Investment Opportunity get away! This is being sold as an Investment Package Deal consisting of 23 one bedroom / one bath condos at Fern Hill Manor Condominiums. Next door to the Fern Hill Golf Course! All 23 units are currently leased & tenant occupied. Most of the 23 units have been updated and include: stove, refrigerator, built-in dishwasher & disposal. HOA covers water, cooking gas, grass, snow & exterior maintenance. Tenants pay for heat/gas, electric/central air & renters insurance. (Gross Rents $182,040.00 Total Expenses $82,345.00 NOI $99,695.00) See attached Exhibit "A" for Long Legal Description & all 23 parcel #'s and addresses & unit #'s.

Essential Information
MLS® #58031388332
Price$1,495,000
Bedrooms1
Bathrooms1.00
Full Baths1
Total Sq. Ft740
Acres0.00
Year Built1972
TypeCondominium
StatusActive
Community Information
Address38272 Fairway Unit 43 / 2
Area03111-Clinton Twp
SubdivisionFERN HILL MANOR CONDO
CityCLINTON TWP
CountyMacomb
StateMI
Zip Code48038
Amenities
Has PoolYes
Interior
HeatingForced Air
CoolingCeiling Fan, Central Air
Interior Features

High Spd Internet Avail, Intercom, Laundry Facility, Pets Allowed

Appliances

Dishwasher, Disposal, Refrigerator, Stove

Exterior
ExteriorBrick, Vinyl
FoundationSlab
Exterior Features

Club House, Grounds Maintenance, Playground, Pool - Common, Pool - Inground

School Information
DistrictChippewa Valley
Listing Details
OfficeRE/MAX First
LISTING MAP

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