5230 Pointe Dr East China, MI 48054

Sold

SOLD 9/8/2021

$700,000

Market Estimate

8 Beds
8 Baths
10,560 sq. ft.
Multi-Family
MLS# 50038888

Listing provided courtesy of: Real Estate One Westrick-Marine City - 810-765-8861

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Property Details

Description

East China Township 2- 8 Unit Investment Properties must be SOLD as One package. Broken down as 2 units - 4 up 4 down (8 units) 5230 Pointe Dr. ABCD, 5232 Pointe Dr ABCD in back bldg which is 2 buildings attached into one larger building. Plus Front building 5236 Pointe Dr, Units A,B,C,D; 5238 Pointe Dr Units ABCD. 4 up,4 units down again in each of 2 buildings. Each has 1 bedroom, 1 bath, most have laundry closet, 2 storage closets, Living room, kitchen with stove and refrigerator. Total 16 units. Each unit has separate tax ID. So this could be converted to condos at some point and sold. All Tenants are month to month. Most tenants have been there for years. Tenants pay security, their own water and electric. Owner pays common hall electric. snow removal, lawn cutting, exterior maintenance. Mail boxes on premises, ample parking. Upper units have balconies, lower units have patios. Can be purchased for $900,000 if closed within 30 days of acceptance. All offers must be guaranteed .

General Features
- COMMUNITY AMENITIES Grounds Maintenance
- Acreage 0.5
- Area Municipality East China Twp (74016)
- Bedrooms 8
- County St. Clair
- Originating MLS MiRealSource
- Ownership Private
- Structure Style 2 Story
- Subdivision Sunset Manor Condo Sub Plat
- Waterfront Y/N No
- Year Built 1980
- ZONING Multi-Family
Building Features
- Appliances Range/Oven, Refrigerator
- Cooling System Wall/Window A/C
- DINING KITCHEN Dining L
- Exterior Construction Brick, Vinyl Siding
- Exterior Features Patio, Exterior Balcony
- FUEL TYPE Electric
- Foundation Type Slab
- Heating System Baseboard, Electric Heat
Property Features
- LOT DESCRIPTION Deep Lot - 150+ Ft.
- Sewer Septic Public Sanitary
- Roads Paved Street
- Lot Size 100x200
- Water Public Water
Schools
- School District East China School District

Neighborhood

48054 (East China) Demographics

52 Median Age

170 Population Density (per sq. mile)

37% College Educated

$59,761 Estimated Median Income

2,586 Estimated Total Home Owners

430 Estimated Total Renters

86% / 14% Estimated Owner / Renter Divide

2 Estimated Average Household Size

7,163 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$231,500 Median Sales Price

6 Homes Sold

11 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	New in Database Source: Multiple Listing Service	New Value: $0	-100%
9/8/2021 3:00:00 AM	Sold Source: Multiple Listing Service	New Value: $700,000

Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.