$240,000 Sold

7105 crosswinds drive, swartz creek, MI 48473

Beds 3 1,693 Sqft 0.50 Acres 1 of 1
Property Description
Phenomenal Investment Opportunity, long standing TENANT OCCUPIED until July of 2025. Asking 15% below Market Value and Seller is giving $15,000 at closing to compensate Cash Flow. Boasting a PRIME LOCATION located near numerous amenities in the Clayton Twp/Swartz Creek area. New Roof (2022) and New Deck (2023) Property is currently occupied by a longstanding tenant and the lease is valid until July of 2025. THIS IS AN "EQUITY" PLAY INVESTMENT, NOT CASH FLOW, ANTICIPATED RATE OF RETURN ON INVESTMENT OVER 2 YEARS ESTIMATED TO BE OVER 40% Analysis value range of $300,000-$325,000 Priced at $259,250, Approximately $45,750 instant equity
General Information
Sold Price: $240,000
Price/SqFt: $142
Status: Sold
Date Sold: 06/10/2024
MLS#: 128903
City: clayton twp
Post Office: swartz creek
Schools: swartz creek
County: Genesee
Subdivision: crosswinds north
Acres: 0.5
Lot Dimensions: 100 X 188
Bedrooms:
Bathrooms:   (2 full)
House Size: 1,693 sq.ft.
Acreage: 0.5 est.
Year Built: 2001
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Paved Road:  Paved
Garage:  2 Car
Garage Description:  Electricity, Door Opener, Attached
Construction:  Brick,Vinyl
Exterior:  Brick, Vinyl
Fireplaces:  1
Fireplace Description:  Gas
Basement:  Yes
Basement Description:  Daylight
Foundation :  Basement
Appliances:  Dishwasher, Disposal, Microwave, Oven, Range/Stove, Refrigerator
Cooling:  Central Air
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes:  $749
Est. Winter Taxes:  $2,776
HOA fees:  1
Legal Description:  LOT 38 CROSSWINDS NORTH #2 SUBDIVISION SEC 24 T7N R5E (2000) FR 04-24-582-027


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(810) 691-4124 Call Randy Haney for more information about this property.

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