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$345,000 For Sale

191 Summit View Court
White Lake Twp, MI 48386

4 units |
4,300 sq ft,
0.7 acre lot
Commercial: Commercial - MLS# 217014125
Property Photo

Description

great investment property 4 unit townhouse ,each unit has 2br 1 and half baths laundry room,fireplace, doorwall to yard,1075 sq.ft. . 100% leased possibility that this could be switched to condo. new paint,new cabinets,new boiler,new windows,new appliances,new carpet, NEW SEPTIC FIELD IN 2011 as you can see this is to good to be true but it IS..SELLER PREFERS LAND CONTRACT WITH $75000 OR MORE DOWN FOR 7YRS AMORTIZED FOR 20 YRS

Features

  • Acres: 0.7000
  • Architecture Level: 2 Story
  • Commercial Type: Apartments
  • Commercial Utilities: Cable TV
  • Construction Materials: Brick
  • County/Area: Oakland County
  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Frontage Feet: 184
  • Gross Scheduled Income: 37800.00
  • Heating: Baseboard
  • Heating Fuel: Natural Gas
  • Listing Financing: Cash, Conventional, Land Contract
  • Listing Status: Active
  • Lot Dimensions: 184.5X164.5
  • Monthly Sales: 3150
  • Net Operating Income: 27400.00
  • Operating Expense: 10400.00
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Percent Leased: 100
  • Property Type: Commercial
  • Road Frontage Type: Paved
  • Roof Material: Asphalt
  • School District: Waterford
  • Sewer: Septic-Existing
  • Sq.Ft.: 4300
  • Sqft Main: 4300
  • Sqft Office: 100
  • Sqft Source: Prd
  • Sub Type: Commercial
  • Subdivision: Hillview Village Sub
  • Subdivision/Neighborhood: Hillview Village Sub
  • Unit Two Bed Number Of: 4
  • Units: 4
  • Water Heater Fuel: Natural Gas
  • Water Source: Municipal Water
  • Year Built: 1965
  • Zip Code: 48386
  • Zoning: Multi-Family

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Wilhelm & Associates Realtors
6485 Dixie Hwy.
Clarkston, MI 48346
(248) 625-9500

Wilhelm & Associates, Realtors is an Equal Opportunity Employer and supports the Fair Housing Act.

Wilhelm & Associates Realtors is the largest independent real estate company in Michigan. We dominate the real estate market in Oakland County. View Michigan homes for sale in Clarkston, Waterford, Birmingham, Bloomfield Twp., Commerce, White Lake, and many more. Visit any of our sources to find Michigan Real Estate including vacant land, waterfront homes, commercial real estate in Michigan and other residential Michigan homes for sale.