38272 FAIRWAY Court, Clinton Twp, MI 48038 (MLS# 24023740)

38272 FAIRWAY Court, Clinton Twp, MI 48038

$1,520,000
Property Type: Multi Family Lot Size (sq. ft.): 14,979 Status: Sold
Current Price: $1,650,000 List Date: 7/09/2024 Last Modified: 11/22/2024

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

More Information MLS# 24023740

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 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
38272 FAIRWAY Court, Clinton Twp, MI 48038- MLS# 24023740
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