• 7105 Crosswinds Swartz Creek, Michigan 48473

  • $259,250
  • 3
    Bed(s)
  • 2
    Baths
  • 1,693
    Sq Ft
  • 0.5
    Acre

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

Property Type :

Residential

Subdivision :

Maple Run Estates

County :

Genesee

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Bathroom Information

Total Baths: 2

Full Baths: 2

Room Information

Total Rooms: 9

Porches: Deck

Interior Features

Other,Egress Window(s),Jetted Tub

Basement Description: Daylight

Fireplace: Yes

Appliances: Dishwasher,Disposal,Microwave,Oven,Range/Stove,Refrigerator

Heating & Cooling

Cooling: Central Air

Heating: Forced Air

Heating Fuel: Natural Gas

Fireplace

Great Room

Water Heater

Natural Gas

Building Information

Year Built: 2001

Building Stories: 1 Story

Fireplace: Great Room

Foundation/Basement: Basement

Architecture: Ranch

Exterior Features

Construction: Brick,Vinyl

Utility Features

Sewer: Public Sewer (Sewer-Sanitary)

Water

Public (Municipal)

Water Heat: Natural Gas

Lot Information

Lot Size: 0.50

Lot Dimensions: 100 X 188

Property Information

SQ ft: 1693

Subdivision: CROSSWINDS NORTH

Financing: Cash,Conventional

Listing Price Information

Original List Price: $259,250

Listing Information

Possession: Subject To Tenant Rights

Legal Description: LOT 38 CROSSWINDS NORTH #2 SUBDIVISION SEC 24 T7N R5E (2000) FR 04-24-582-027

Lease Information

Lease Term: 13-24 Months

Tax Information

Annual Tax: $3,525

Parcel Number: 0424584014

Possession

Subject To Tenant Rights

Legal Information

Legal Description: Section: LOT 38 CROSSWINDS NORTH #2 SUBDIVISION SEC 24 T7N R5E (2000) FR 04-24-582-027

Parking Information

Has Garage: Yes

Garage Size: 2 Car

Garage Description: Electricity,Door Opener,Attached

Multi-Unit Information

Road Frontage: Paved

School Information

School District: Swartz Creek

Fire Place Information

Fire Place: Yes

Fire Place Location: Great Room

Fire Place Type: Gas

Utility Information

Water:Public (Municipal)

Sewer:Public Sewer (Sewer-Sanitary)

Nearby Home Value

MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2024 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 05/09/2024 @ 08:33

MLS: 596262935
LISTED BY: Mark Hasse , Hasse-L-Free Realty
SOURCE: Realcomp II Ltd
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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