Address
5265 Tubbs Rd Waterford, MI
Price
$ 349,900
Property Attributes
  • MLS#40119539
  • TypeMulti-Family
  • CountyOAKLAND
  • CityWaterford
  • AreaWaterford Twp
  • NeighborhoodWaterford Twp
  • Zip48327
  • StyleColonial,Contemporary,Farm House,Victorian
  • Year Built1928
  • Taxes7001
  • Price$ 349,900
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3457
  • Lot Size1.07 Acres
Listing Provided Courtesy Of:
RE/MAX Eclipse
Property Description

MASKS REQUIRED! Great investment opportunity. All 5 units have been recently remodeled and are all fully occupied. Many with new kitchens and flooring. A new coin operated laundry room has been recently added for an additional $1,200 per year income. Additional parking has recently been added. Walk up basement. Large property for tenants to enjoy the outdoors, including an out-building for tenants to use as common area, for hobbies and storage. Friendly atmosphere among tenants. Please allow 2 days notice for all showings so that all tenants can be notified. Agents must be with buyers at all time, showing one unit at a time. This property is a great investment value. Great location, close to major roadways between Airport Road and Crescent Lake Road, near Highland Road (M-59) and Dixie Highway. Rent includes: water, gas, garbage, snow removal and lawn care. Tenants are only responsible for Electric. Cable and internet are available, at tenants expense. No Pets Allowed. MASKS!

Price History
11/1/2020 Listed $349,900

General Features

Bathrooms 5
Class MULTIFAMILY
Community Amenities Laundry Facility, Pets-Not Allowed
Cooling Ceiling Fan(s), Window Unit(s)
Directions Between Crescent Lake Road and Airport Road on south side of road. Near Dixie Hwy and M-59
Financial Terms Cash, Conventional
Full Baths 5
Heating Radiant, Zoned Heating
Interior Features Cable/Internet Avail.
Legal Description T3N, R9E, SEC 16 PART OF NW 1/4 OF SE 1/4 BEG AT PT DIST W 1327.37 FT FROM E 1/4 COR, TH S 00-16-30 W 236.28 FT, TH N 87-48-30 W
Listing Area Waterford Twp (63131)
Municipality Waterford Twp
Originating Mls RealComp
Ownership Private
Parking Unassigned/General
School District Waterford School District
Source Mls MI Real Source
Status Active
Status Active
Structure Style 2 Story
Style Colonial, Contemporary, Farm House, Victorian
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Water Heater Gas
Year Built 1928
Zoning Multi-Family

Interior Features

Basement Block, Egress/Daylight Windows, Partially Finished
Fireplace? No
Fuel Type Natural Gas
Total Number of Units 5

Exterior Features

Body of Water MANY IN AREA
Exterior Aluminum, Brick, Wood
Foundation Type Basement
Frontage 200
Lot Dimensions 200X237X200X230
Lot Size Area 1.07
Roads Paved Street
Sewer Septic Public Sanitary
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48327

Price
AVG $350K
$350K
Taxes
AVG $7,001
$7,001
Visits
AVG 36
16
Year Built
AVG 1928
1928