$1,520,000
$1,650,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
0.34 Acres Lot
SOLD DATE : 11/21/2024
Key Details
Sold Price $1,520,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Clinton Charter Twp
MLS Listing ID 24023740
Sold Date 11/21/24
HOA Y/N true
Year Built 1972
Annual Tax Amount $1,315
Tax Year 2023
Lot Size 0.344 Acres
Acres 0.34
Property Description
Great investment opportunity to purchase 23 fully rented one bedroom/one bathroom condos at Fern Hill Manor Condominiums. Most of the units have been updated. Tenants pay for heat/gas, electric/ac. HOA covers water, grass, snow & exterior maintenance. Purchase includes stove, refrigerator and dishwasher. Monthly association fees are $235.00 per unit. There is a monthly assessment of $30.00 per unit until April 2026 that will be assigned to purchaser. BATVAI
Location
State MI
County Macomb
Area Macomb County - 50
Direction Garfield to Clinton River Road to Fern Hill Manor Condos
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 5
Laundry Common Area
Exterior
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Amenities Available Laundry
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District Chippewa Valley
Others
HOA Fee Include Lawn/Yard Care,Snow Removal,Trash,Water
Tax ID 16-11-20-155-043
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "