38272 FAIRWAY Court Clinton Township, MI ^$ 1,725,000

38272 FAIRWAY Court

^$ 1,725,000

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38272 FAIRWAY Court

Clinton Township, MI, 48038

^$ 1,725,000

Studio Baths0.0

Monthly Estimate*

^$ 11,465

38272 FAIRWAY Court, Clinton Township, MI 48038 - Image 1

38272 FAIRWAY Court, Clinton Township, MI 48038 - Image 2

38272 FAIRWAY Court, Clinton Township, MI 48038 - Image 3

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38272 FAIRWAY Court, Clinton Township, MI 48038 - Image 8

Studio

Multi-Family Home for sale in Clinton Township, MI

for $1,725,000. This home was built in 1972 on a lot size of 0.34.

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

Multi-Family Pending

Price

^$ 1,725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,315

Style

Lot Size

0.34

Year Built

1972

Town/City

Clinton Township

County/Region

Macomb

MLS | Web ID

70406203

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Pending Pending

Year Built 1972

County Macomb

Class MULTIFAMILY

Type Multi-Family

Municipality Clinton Twp

Subdivision MI

HOA Fee Includes Grounds Maintenance Snow Removal Trash Removal Water

Area Clinton Twp (50011)

Primary City Clinton Township

Directions Garfield to Clinton River Road to Fern Hill Manor Condos

City Clinton Township

Financial Terms Cash Conventional

Legal Description 2005 CONDO FERN HILL MANOR CONDOMINIUM SUB/CONDO PLAN NO. 895 BUILDING 2

DOM 7

Postal Code 48038

Coming Soon 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

Exterior

Exterior Brick Vinyl Siding

Frontage 0

Lot Size Area 0.34

Lot Dimensions 0

Lot Description Sidewalks

Roads Private Road

Waterfront Y/N No

Interior

Total Number of Units 23

Fuel Type Natural Gas

* Excluded Features

List By

Fadi Zayto

Listing Agent

Signature Realtors Llc

Broker

signaturerealtorsmi@gmail.com

Affordability Calculator

$11,574

Per Month

Monthly Principal & Interest: $11,465
Monthly Property Taxes: $110
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Multi-family listings in Clinton Township, MI

Average List Price ^$826,200

Percent of Sale Price 52%

About Clinton Township, MI

97,865 Population

0% Since 2002

^$0 Median Income

0 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2024	$1,725,000		Listed Price

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38272 FAIRWAY Court, Clinton Township, MI, 48038 is a Multi-Family Home for sale at $1,725,000 with a lot size of 0.34. 38272 FAIRWAY Court is a studio with 0.0 baths and was built in 1972. The property's zip code is 48038 which is in Clinton Township, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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38272 FAIRWAY Court

Multi-Family Home for sale in Clinton Township, MI

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