$1,520,000
$1,650,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
38272 FAIRWAY Court Clinton Twp, MI 48038
0.34 Acres Lot
Key Details
Sold Price $1,520,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24023740
Year Built 1972
Annual Tax Amount $1,315
Tax Year 2023
Lot Size 0.344 Acres
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
Location
State MI
County Macomb
Area Macomb County - 50
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 5
Laundry Common Area
Exterior
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available
Amenities Available Laundry
Waterfront No
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick,Vinyl Siding
New Construction No
Schools
School District Chippewa Valley
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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