$219,000
$230,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
3,457 SqFt
SOLD DATE : 02/05/2018
Key Details
Sold Price $219,000
Property Type Multi-Family
Sub Type Common Entry Building,Upper/Lower Apartment,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,457 sqft
Price per Sqft $63
MLS Listing ID 218001777
Sold Date 02/05/18
Style Common Entry Building,Upper/Lower Apartment,Other
Bedrooms 5
Full Baths 5
Originating Board Realcomp II Ltd
Year Built 1928
Annual Tax Amount $4,171
Lot Size 1.070 Acres
Acres 1.07
Lot Dimensions 100X199.83
Property Description
5 Unit Investment Property located between Crescent Lake Rd and Airport Road just north of M-59. Fully occupied has 4-1 bedroom units and 1-3 bedroom unit. Two upper level units, 2 main level units and 1 lower level unit. There is also space available in lower level for a potential coin operated laundry room or potential for extra (rentable) closet storage area/s. Detached garages create extra income options; currently leased to tenants as an "add-on" to their lease. Also; a back yard garden shed has potential for extra rentable storage space (not currently leased). All interested buyers must provide either a pre-approval letter or proof of funds (of listing value) PRIOR to scheduling any showings. A minimum of 72 Hour Notice for all showing requests. (Time is required to confirm all showings with tenants) This is a very good income maker. Unit 2 was just finished being remodeled (after New Years); now with new tenant. AGENTS:See remarks. See Video attached to this listing.
Location
State MI
County Oakland
Area Waterford Twp
Zoning Multi-Family
Direction M-59 to north on Crescent Lake Road (or) Airport Road. Turn onto Tubbs Road to address on the south side of road.
Body of Water Many Lakes in Area
Rooms
Basement Partially Finished, Walk-Up Access
Interior
Interior Features Cable Available, High Spd Internet Avail
Hot Water Natural Gas
Heating Baseboard, Hot Water, Radiant, Zoned
Cooling Ceiling Fan(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Chimney Cap(s), Outside Lighting
Garage Spaces 8.0
Roof Type Asphalt
Porch Deck, Patio, Porch
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Common Entry Building, Upper/Lower Apartment, Other
Level or Stories 2 Story
Structure Type Aluminum,Stone,Stucco/EIFS,Vinyl,Wood
Schools
School District Waterford
Others
Pets Allowed Yes
Tax ID 1316401024
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Assessment Amount $200
Acceptable Financing Cash, Conventional
Rebuilt Year 2017
Listing Terms Cash, Conventional
Financing Cash,Conventional
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