$65,000 for Sale
21139 hayes avenue, eastpointe, MI 48021
| Beds 2 | Baths 1 | 861 Sqft |
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Property Description
Investors!! Seasoned or first-time!! Income producing investment on Day 1. This unit is now updated and turnkey generating guaranteed monthly rents from DHC for Section 8 tenant. New tenant started January 2025 at $1000/mo, and desires to stay long-term. Seller/owner has experienced annual rent increases. Renewed municipal rental license is transferrable at no cost. DHC and municipal inspections have been passed. Condo interior freshly painted December 2024!! New hot water heater June 2023. Excellent opportunity for a low maintenance condo. Worry free for major expenses - association is responsible for roof, furnace, A/C, gas and water. Tenant pays for electricity. This first floor end unit has spacious layout and cable available. Plank wood flooring in living rm, dining area, bedrooms and hallway. Primary bedroom is large with a walk-in closet. Second bedroom is roomy as is first floor full bath w/ ceramic tile. Full kitchen offers lots of cabinets & counter space. Monthly association fee $369 incl water, heat, grounds & common area maintenance & common laundry. Private, lockable storage unit in common bsmt adjoining laundry area. Ample parking available. Proactive association has made additional temporary assessment of $119/mo. to address rising costs in general fund - last payment is October 1, 2025. Current real estate taxes are non principal residence exemption. Showings will be approved only for investors submitting proof of funds. Yes, we have been on the market for a minute -
General Information
Sale Price: $65,000
Price/SqFt: $75
Status: Active
MLS#: 60308931
City: eastpointe
Post Office: eastpointe
Schools: eastpointe community schl
County: Macomb
Subdivision: eastridge manor apts
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 861 sq.ft.
Acreage:
Year Built: 1971
Property Type: Condominium
Style: End Unit
Features & Room Sizes
Bedroom 1: 11x14
Bedroom 2 : 11x9
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room: 9x7
Kitchen: 10x7
Livingroom: 14x12
Pole Buildings:
Paved Road: Paved Street
Garage: No Garage
Exterior: Brick
Exterior Misc: Porch
Basement: No
Foundation : Slab
Cooling: Ceiling Fan(s),Central A/C
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sanitary
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,775
Est. Winter Taxes: $99
HOA fees: 369
HOA fees Period: Monthly
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Listing By: David McCafferty of Real Estate One-Rochester, Phone: 248-652-6500
