38272 FAIRWAY Court Sold Save Request In-Person Tour Request Virtual Tour
Clinton Twp,MI 48038
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