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7105 CROSSWINDS Drive Swartz Creek, MI 48473
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Key Details
Sold Price $240,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,693 sqft
Price per Sqft $141
Subdivision Crosswinds North
MLS Listing ID 50128903
Sold Date 06/10/24
Style 1 Story
Bedrooms 3
Full Baths 2
Abv Grd Liv Area 1,693
Year Built 2001
Annual Tax Amount $3,525
Tax Year 2022
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 100 X 188
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
Location
State MI
County Genesee
Area Clayton Twp (25003)
Zoning Residential
Rooms
Basement Egress/Daylight Windows, Full
Interior
Interior Features Hardwood Floors
Hot Water Gas
Heating Forced Air
Cooling Central A/C
Fireplaces Type Gas Fireplace, Grt Rm Fireplace
Appliance Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
Exterior
Garage Attached Garage, Electric in Garage, Gar Door Opener
Garage Spaces 2.0
Waterfront No
Garage Yes
Building
Story 1 Story
Foundation Basement
Water Public Water
Architectural Style Ranch
Structure Type Brick,Vinyl Trim
Schools
School District Swartz Creek Community Schools
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Acceptable Financing FHA
Listing Terms FHA
Financing Cash,Conventional
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Bought with Hasse-L-Free Realty
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