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1st Floor - Unit 4
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Flex
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1,092 SF
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$525,000 USD
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Unit Size: 1,092 SF
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Condo Use: Flex
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Price: $525,000 USD
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Sale Type: Investment
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Price/SF: $480.77 USD
Description
4 UNITS included in sale:
38553 Wellington- 2 Bedroom 1 Bath 1,040 SF Upper Level Ranch Style Unit
38579 Wellington- 2 Bedroom 2 Bath 1,092 SF Townhouse Style Unit
38619 Wellington- 2 Bedroom 2 Bath 1,053 SF Townhouse Style Unit
38645 Wellington- 2 Bedroom 2 Bath 1,053 SF Townhouse Style Unit
Sale Notes
Investment Opportunity- Wellington Heights Condominiums | Clinton Township, Portfolio of four fully occupied condominium units located in the Wellington Heights community of Clinton Township. Most units have benefited from recent capital improvements, including new HVAC systems, hot water heaters, carpeting, interior paint, and other updates. The portfolio features a long history of stable rental income, with certain units currently leased at below-market rental rates, presenting an opportunity for future income growth. Recent comparable sales within the complex support the individual unit valuations.
Seller is a licensed real estate agent/broker.
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Rob Drewek
Lino Realty, Inc.
