5238 Pointe Dr
East China, MI 48054
$1,000,000
Photo A Photo B Photo C
Photo D Photo E Photo F
Photo G Photo H Photo I
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.

http://wynneachatz.realestateone.com/218067237
Wynne Achatz
505 West Blvd.
Marine City, MI 48039
Direct: 810-765-8167
Mobile: 586-260-7653
[email protected]
https://WynneAchatz.realestateone.com
 
Property Details
Status: Active
Listing Date 07/30/2018
County: St. Clair
Acreage: 0.0
Lot Dimensions: 100x200
Subdivision: Sunset Manor Condo Sub Plat
School District: East China
Number of Units: 16
Style: Common Entry Building
Year Built: 1980
Possession: Other
Total Finished SqFt: 5,734
Above Grade Finished SqFt 5,734
 
Cooling: Wall Unit(s)
Heating: Baseboard, Electric
 
Listing Office: Marine City - Westrick Team
Office Address: 505 West Blvd.
Listing Number: 218067237
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Monday, October 26, 2020. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.