East China, MI 48054,5230 Pointe Dr
East China, MI 48054,5230 Pointe Dr
East China, MI 48054,5230 Pointe Dr
13
$700,000
$800,000
12.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

16 BA
5,734 SqFt

5230 Pointe Dr East China, MI 48054

Est. payment /mo
SOLD DATE : 09/08/2021

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $700,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,734 sqft

Price per Sqft $122

Subdivision Mi

MLS Listing ID 21483178

Sold Date 09/08/21

Style 2 Story

Full Baths 16

Year Built 1980

Annual Tax Amount $797

Lot Dimensions 100x200

Property Sub-Type Multi-Family

Property Description

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.

Location

State MI

County St. Clair

Area East China Twp (74016)

Zoning Multi-Family

Rooms

Basement Poured

Interior

Heating Baseboard, Electric Heat

Cooling Wall/Window A/C

Exterior

Exterior Feature Brick, Vinyl Siding

Building

Story 2 Story

Foundation Slab

Water Public Water

Structure Type Brick,Vinyl Siding

Schools

School District East China School District

Others

Ownership Private

Energy Description Electric

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

Read Less


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Real Estate One Westrick
Bought with LPS

GET MORE INFORMATION

Morgan Beilfuss

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

Name
Phone*
Message