5265 Tubbs Road

Waterford Twp, MI
$ 349,900 Beds 6 Baths 5 Sq 3,457 Virtual Tour
Monthly Estimate* How much can I afford?

MASKS REQUIRED! Great investment opportunity. All 5 units have been recently remodeled and are all fully occupied. Many with new kitchens and flooring. A new coin operated laundry room has been recently added for an additional $1,200 per year income. Additional parking has recently been added. Walk up basement. Large property for tenants to enjoy the outdoors, including an out-building for tenants to use as common area, for hobbies and storage. Friendly atmosphere among tenants. Please allow 2 days notice for all showings so that all tenants can be notified. Agents must be with buyers at all time, showing one unit at a time. This property is a great investment value. Great location, close to major roadways between Airport Road and Crescent Lake Road, near Highland Road (M-59) and Dixie Highway. Rent includes: water, gas, garbage, snow removal and lawn care. Tenants are only responsible for Electric. Cable and internet are available, at tenants expense. No Pets Allowed. MASKS!

Multi-Family

  • Price
  • $ 349,900
  • Lot Size
  • 1.07 Acres
  • Bedrooms
  • 6
  • Sqr Footage
  • 3,457
  • Full Bathrooms
  • 5
  • Year Built
  • 1928
  • Half Bathrooms
  • 0
  • City, Zip
  • Waterford Twp
  • Taxes
  • 7001
  • County
  • OAKLAND
  • Style
  • Carriage House,Colonial,Contemporary,Country Frenc
  • Area
  • Waterford Twp
  • MLS#
  • 2200090078
  • Zip
  • 48327
Listing Provided by: RE/MAX Eclipse

Features

General

Basement Type Partially Finished, Walk-Up Access
Construction Materials Aluminum, Block/Concrete/Masonry, Brick, Stucco/EIFS, Wood
Cooling Ceiling Fan(s), Window Unit(s)
Cumulative Days on Market 84
Gross Scheduled Income 44940.00
Heating Radiant, Zoned
Listing Agent Public Id 339536
Net Operating Income 22775.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 1316401024
Property Type Multifamily
Rent Includes Garbage Pickup, Heat, Snow Removal, Water/Sewer, Yard Maintenance
School District Waterford
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 3457
Transaction Type Sale
Year Built 1928
Year Remodeled 2020
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 5
Heating Fuel Natural Gas
Interior Features Cable Available, Egress Window(s), High Spd Internet Avail, Laundry Facility
Total Baths 5.00
Total Units 5
Unit Count 5

Exterior Features

Architecture Level 2 Story
Architecture Style Carriage House, Colonial, Contemporary, Country French, Dutch Colonial, Farmhouse, Historic, Saltbox, Stick, Traditional, Upper/Lower Apartment, Victorian, Other
Exterior Features Outside Lighting
Foundation Basement
Foundation Materials Block
Frontage Feet 200
Lot Size Area 1.07
Lot Size Dimensions 200X237X200X230
Parking Total 12
Roof Material Asphalt
Soil Type as common to area
Water Source Municipal Water
Waterfront Name Many in Area

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Allen Park, MI office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/1/2020 Listed $349,900

Property vs Zip Code Average in 48327

Price
AVG $350K
$350K
Taxes
AVG $7,001
$7,001
Visits
AVG 36
56
Year Built
AVG 1928
1928

Map

Areas That We Cover

5265 Tubbs Road Waterford Twp, MI is a Single Family Home for sale at $349900 with 3457 sqft and a lot size of 1.07 Acres Acre(s). 5265 Tubbs Road Waterford Twp has 6 bedrooms, 5 baths and was built in 1928. The property's zip code is 48327 which is in Waterford Twp, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.