38272 Fairway, CLINTON TWP

$1,495,000

0 Beds
0 Baths
20,000 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® #58031389077
Price$1,495,000
Total Sq. Ft20,000
Acres0.00
Year Built1972
TypeCommercial
Sub-TypeCommercial, Real Estate Only
StatusActive
Community Information
Address38272 Fairway
Area03111-Clinton Twp
SubdivisionFERN HILL MANOR CONDO
CityCLINTON TWP
CountyMacomb
StateMI
Zip Code48038
Interior
HeatingForced Air
Exterior
ExteriorBrick, Vinyl
FoundationSlab
Additional Information
ZoningResidential
Listing Details
OfficeRE/MAX First
LISTING MAP

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