$499,900
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5200 N GENESEE RD Genesee Twp, MI 48506
7 Beds
7 Baths
8,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $56
Subdivision Summerfield Condo
MLS Listing ID 219124529
Style Other
Bedrooms 7
Full Baths 7
Year Built 2005
Annual Tax Amount $11,171
Lot Size 5.210 Acres
Property Sub-Type Other
Property Description
This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available to new owners. Annual insurance is $5,644.00, Property taxes are $11,171.52, Management fee is $800.00 annually and Maintenance for the grounds is budgeted for $4,500.00 annually.
Location
State MI
County Genesee
Area Genesee Twp
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air, Separate Meter
Exterior
Exterior Feature Fenced
Garage Spaces 20.0
Roof Type Composition
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Brick Siding,Vinyl
Schools
School District Kearsley
Others
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
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