16200 Dixie Groveland Twp, MI $ 1,100,000
16200 Dixie
$ 1,100,000
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16200 Dixie

Groveland Twp, MI, 48350
$ 1,100,000
Baths18.0 Sq 6,604

Monthly Estimate*

$ 7,684

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Studio Multi-Family Home for sale in Groveland Twp, MI for $1,100,000 with 18 full baths. This 6,604 square foot home was built in 1953 on a lot size of 4.

18 Units Studio Apartment/Motel Located Off Dixie Hwy in Davisburg. Well Maintained. We are undergoing transforming every room currently to subsidized housing section 8 which includes new mini kitchens. 18 units x $885 avg = $191,660 year. We have an excellent relationship with multiple housing agencies who send endless people to us for application. Propane is used for the water heater only. Motel was in the Movie Real Steel. Updates as follows 1.) 100% complete rewire with (5) dedicated circuits to each room. 2.) Attic and basement and access tunnel new lighting and branch circuit infrastructure 4.) New electric baseboard heat every unit 5.) Wifi enabled remote control (property owner) thermostats every unit. Stops anyone from increasing temp past setting. 6.) All units remote control push button front door locks. Wifi enabled to control entry. Codes can be changed remote. 7.) complete 16 high definition camera system with microphones and large capacity NVR storage device to monitor premises. 8.) Mostly new flat screen TV’s with remote 9.) New WiFi routers and boosters throughout bldg 10.) Wifi enabled remote relay system to monitor and control individual unit power consumption. Power can be turned on and off to individual circuits via remote access. 11.) New PEX hot and cold water feeds throughout complete bldg 12.) New Blown in insulation in attic 13.) LED lighting installed throughout 14.) LED exterior wall pack lights installed 15.) LED porch lights installed 16.) New bushes flower beds and mulch 17.) New septic field 18.) New septic tank access lids Basically this place can run itself via technology and remote control without on site management.

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

Studio

Full Bath

18

Property Type

Multi-Family

Taxes

$ 11,382

Style

Ranch

Lot Size

4

Year Built

1953

Town/City

Groveland Twp

County/Region

OAKLAND

MLS | Web ID

20230102214

Features
Interior
Heating Fuel Natural Gas
Basement Y/N 0
Total Units 18
Fireplace 0
Total Baths 18.00
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General
Sewer Septic Tank (Existing)
Heating Hot Water
Rent Includes Heat Electric Water/Sewer Snow Removal Trash Collection (Garbage Pickup) Water
Possession At Close
Pets Allowed Call
Exterior Features Lighting
Zoning Multi-Family
Pool Y/N 0
Full Baths 18
Half Baths 0
Year Built 1953
Property Type Multifamily
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 138
MLS Area Groveland Twp
Directions Off Dixie Hwy Between Buckell Lake Rd & Oakhill Rd
City Groveland Twp
Terms Offered Cash Conventional
School District Holly
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name DIXIE
Homestead 0
Assessment 0.00
Total Sq Ft 6604
DOM 138
Taxes 11382.0000
Legal Description T5N R8E SEC 33 PART OF NW 1/4 BEG AT PT DIST W 650 FT & N 1770 FT FROM SE COR OF SW 1/4 OF NW 1/4 TH S 530 FT TH S 75-49-00 E 296 FT TH N 15-27-00 E 177 FT TH N 71-14-00 E 198.35 FT TO SLY LINE US-10
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Exterior
Waterfront 0
Lot Size Area 4.00
Water Source Well (Existing)
Foundation Slab
Lot Size Dimensions 638x375x296x530
Roof Material Asphalt
Architecture Level 1 Story
Architecture Style Ranch
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Thomas Wilhelm

Listing Agent

Wilhelm & Associates

Broker

(248) 625-9500

Phone

Affordability Calculator

$8,632
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,684
Monthly Property Taxes
$949
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
847981 Elementary School
848244 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2024$1,100,000 -11.99% Price Down
12/6/2023$1,249,900 Listed Price

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16200 Dixie, Groveland Twp, MI, 48350 is a Multi-Family Home for sale at $1,100,000 with 6,604 sqft and a lot size of 4. 16200 Dixie is a studio with 18.0 baths and was built in 1953. The property's zip code is 48350 which is in Groveland Twp, MI