5238 Pointe Dr East China Township, MI $ 1,000,000
5238 Pointe Dr
$ 1,000,000
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5238 Pointe Dr

East China Township, MI, 48054
$ 1,000,000
Bedrooms Baths16.0 Sq 5,734

Monthly Estimate*

$ 4,768

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Multi-Family Home for sale in East China Township, MI

for $1,000,000 with 16 full baths. This 5,734 square foot home was built in 1980.

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. Number of 1 bedroom units = 16 , Number of 2 bedroom units = 0 , Number of 3 bedroom units = 0 , Number of efficiency units = 0 , Conforms to zone: Not Provided , Lot Dimensions: 100x200 - Number of 1 bedroom units = 16 , Number of 2 bedroom units = 0 , Number of 3 bedroom units = 0 , Number of efficiency units = 0 , Conforms to zone: Not Provided , Lot Dimensions: 100x200

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Multi-Family Active

Price

$ 1,000,000

Full Bath

16

Property Type

Multi-Family

Taxes

$ 797

Style

Apartment Building

Year Built

1980

Town/City

East China Township

County/Region

Saint Clair

MLS | Web ID

218067237

Features
Interior
Cooling System Wall Unit(s)
Heating Source Electric
Heating System Baseboard
Sewer Sanitary
Water Source Municipal
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Exterior
Construction Brick Vinyl
Foundation Slab
Parking Paved
Road Frontage Paved
Zoning Multi-Family
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Miscellaneous
Acceptable Finance Cash Conventional
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* Excluded Features
List By

Listing Agent

157463 - Real Estate One Westrick

Broker

Affordability Calculator

$4,835
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,768
Monthly Property Taxes
$66
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 3.99% 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
East China School District
Pricing History
DatePricePrice ChangeDescription
2/7/2019$1,000,000 -16.67% Price Down
7/30/2018$1,200,000 Listed Price

Map


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5238 Pointe Dr , East China Township, MI, 48054 is a Multi-Family Home for sale at $1,000,000 with 5,734 sqft. 5238 Pointe Dr has 16.0 baths and was built in 1980. The property's zip code is 48054 which is in East China Township, MI