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.

  • MLS# 218067217
  • Sub-Type Resale
  • Status Active
  • Year 1980
  • Days On Site 232
SQ Feet 5,734
Units 1
Building(s) 1
Listing Provided By:
Wynne Achatz  of  Real Estate One Westrick
5236 Front.JPG
c ft rm.jpg
Kitchen.JPG
DR.jpg
Living room 1.JPG
Bedroom.JPG
c balc.jpg
Bedroom closet.JPG
c lr.jpg
c lrm.jpg
Doorway.jpg
c ba 2.jpg
c bdr.jpg
this listing $1,000,000
337.40%
$228,625 in 48054
this listing 5,734 SqFt
183.09%
2,026 SqFt in 48054
this listing $174 $/SqFt
55.49%
$112 $/SqFt in 48054
this listing 232 on site
3,766.67%
6 on site in 48054

Location

State MI
County St. Clair
City East China Twp
Zip Code 48054
Area East China Twp

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