• MLS® #: 58031388332
  • 38272 Fairway Unit 43 / 2

  • CLINTON TWP, MI 48038
  • $1,495,000
  • 1 Bed, 1 Bath, 740
  • Condominium
  • Office: Re/max First

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.

Essential Information

  • MLS® #58031388332
  • Price$1,495,000
  • Bedrooms1
  • Bathrooms1.00
  • Full Baths1
  • Total Sq. Ft740
  • Acres0.00
  • Year Built1972
  • TypeCondominium
  • StatusActive

Community Information

  • Address38272 Fairway Unit 43 / 2
  • Area03111-Clinton Twp
  • SubdivisionFERN HILL MANOR CONDO
  • CityCLINTON TWP
  • CountyMacomb
  • StateMI
  • Zip Code48038

Amenities

  • Has PoolYes

Interior

  • HeatingForced Air
  • CoolingCeiling Fan, Central Air

Interior Features

High Spd Internet Avail, Intercom, Laundry Facility

Appliances

Dishwasher, Disposal, Oven, Range, Refrigerator

Exterior

  • ExteriorBrick, Vinyl
  • FoundationSlab

Exterior Features

Club House, Playground, Pool - Common, Pool - Inground

School Information

  • DistrictChippewa Valley

Property Summary -- FERN HILL MANOR CONDO: Located in CLINTON TWP in the 48038 zip code, this home was built in 1972 and is 740 square feet with 1 bedrooms and 1 bathrooms on 0.00 acres. It has been on the market for 86 days with an original listing price of $1,495,000. 38272 Fairway Unit 43 / 2 is part of the Chippewa Valley School District.

Property Location

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