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38272 FAIRWAY Court #43 $1,495,000

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38272 FAIRWAY Court #43 Clinton Twp, MI 48038

  • 1 Beds
  • 1 Baths
  • 740 sq.ft.
  • Condo
MLS# 219074181 | Active

$1,495,000

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Days On Market: 27 2 Views
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Property Details

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.

  • General Features
    • County Or Parish Macomb
    • Half Bathrooms 0
    • Full Bathrooms 1
    • Settlement Township
    • Subdivision FERN HILL MANOR CONDO
    • Sqft Total 740
    • Year Built 1972
    • Originating MLS Realcomp II Ltd
    • Garage Size No Garage
    • Short Sale No
    • Tax Amount - Summer 744.0000
    • Tax Amount - Winter 310.0000
  • Building Features
    • Architecture Level 3 Story
    • Foundation Details Slab
    • Construction Materials Brick, Vinyl
    • Kitchen Appliances Dishwasher, Disposal, Refrigerator, Stove
    • Interior Features Cable Available,High Spd Internet Avail
    • Heating Forced Air
    • Cooling Ceiling Fans 2+, Central Air
    • Water Heater Fuel Common
  • Property Features
    • Exterior Features Club House
    • Road Frontage Type Paved, Pub. Sidewalk
    • Water Source Municipal Water
    • Sewer Sewer-Sanitary
    • Association Fee 200
    • Association Fee Frequency Monthly
  • Schools
    • School District Chippewa Valley
  • Room Features
    • Room Bath - Full
    • Level Entry
    • Length 7.00
    • Width 5.00
    • Room Bedroom
    • Level Entry
    • Length 13.00
    • Width 12.00
    • Room Kitchen
    • Level Entry
    • Length 13.00
    • Width 12.00
    • Room Living Room
    • Level Entry
    • Length 13.00
    • Width 12.00

Contact

Thom Kuchulan

Sales Associate

RE/MAX First

Office: 586-773-4400

Neighborhood

48038 (Clinton Twp) Demographics

45Median Age
3,856Population Density (per sq. mile)
38%College Educated
$53,707 Estimated Median Income
12,338Estimated Total Home Owners
7,179Estimated Total Renters
63% / 37%Estimated Owner / Renter Divide
3Estimated Average Household Size
42,287Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$218,750 Median Sales Price
36 Homes Sold
98 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,495,000
      7/25/2019 1:43:00 PM New in Database Source

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      Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2019 Realcomp II Ltd. Shareholders.