$1,520,000
Clinton Twp, MI 48038
MLS# 24023740
Status: Sold
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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
Details
Maps
Location Property Info
County: Macomb
Street #: 38272
Street Name: FAIRWAY
Suffix: Court
State: MI
Zip Code: 48038
Area: Macomb County - 50
OfficeContract Info
Status: Sold
Current Price: $1,520,000
List Price: $1,650,000
Listing Date: 2024-05-14
General Property Info
Lot Measurement: Acres
Lot Square Footage: 14979
Lot Acres: 0.34
Year Built: 1972
New Construction: No
Financial Available: No
Total # Units: 23
# of Diff Unit Floor Plans: 1
Total # Bldgs: 5
Waterfront: No
School District: Chippewa Valley
Tax Info
Tax ID #: 16-11-20-155-043
Taxable Value: 24855
SEV: 27000
For Tax Year: 2023
Seller's Annual Property Tax: 1315.36
Tax Year: 2023
Spec Assessment & Ty: $30.00 until 4/2026
Remarks Misc
Directions: Garfield to Clinton River Road to Fern Hill Manor Condos
Status Change Info
Under Contract Date: 2024-10-02
Sold Date: 2024-11-21
Sold Price: $1,520,000
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: No
Unit 1
Unit Description: one bed/one bath
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Laundry Features: Common Area
Exterior Material: Brick; Vinyl Siding
Roofing: Composition
Substructure: Slab
Lot Description: Sidewalk
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available; Public Sewer; Public Water
Extras: Laundry Facility
Owner Pays: None
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Shared Paved
Street Type: Private
Mineral Rights: No
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Signature Realtors LLC
Listing Agent: Fadi Zayto
Last Updated: November - 22 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.
