38272 Fairway

Clinton Township, Michigan

Street View

Don't let this investment opportunity get away! This is being sold as an investment package deal consisting of 23 one bedroom / one bath condos at fern hill manor condominiums. Next door to the fern hill golf course! All 23 units are currently leased & tenant occupied. Most of the 23 units have been updated and include: stove, refrigerator, built-in dishwasher & disposal. Hoa covers water, cooking gas, grass, snow & exterior maintenance. Tenants pay for heat/gas, electric/central air & renters insurance. (gross rents $182,040. 00 total expenses $82,345. 00 noi $99,695. 00) see attached exhibit "a" for long legal description & all 23 parcel #'s and addresses & unit #'s.
Property Detail
Bedrooms 1
Bathrooms 1
Property Type Townhome or Condo
Year Built 1972
Home Size 740 sqft
MLS# 31388332
HOA Fee 200
Neighborhood Clinton Twp (50011)
County Macomb County
Features
Central Air
Ceramic Tile Floor
Dishwasher
Living Room
Spa
Swimming Pool
Two+ Story
Wall to Wall Carpet
Listing Agent: Thomas Kuchulan Broker: RE/MAX First Broker Phone: 5867734400
Location

Macomb County Clinton Township 38272 Fairway

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Neighborhood Info

Clinton Township - 48038

The vacancy rate of homes in 48038 is 6.08% with 63.6% of homes being owner-occupied. The median household income in 48038 is $52522 per year with those between 45 and 64 having the highest median income at $71818.

School in Clinton Township, MI
School Type Grade Distance
International Academy Of Macomb Public 9-12 2.40 mi
Chippewa Valley High School Public 9-12 2.46 mi
Wyandot Middle School Public 6-8 0.65 mi
Neighborhood Demographic

Demographic in Clinton Township - 48038

Median Income $52522
Avg Household Size 2.179
Median Age 42.11
White Collars 35%
College Grad 50%
Copyright 2019 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Home TypeTownhome or Condo
Year Built1972
Lot Size Acres
HOA Fee $200

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Community Specialist

Tammy Lambardo

Keller Williams Platinum

586-634-9377