72,74,96,98 Village Court, Ortonville Vlg MI 48462 Photo 1 72,74,96,98 Village Court, Ortonville Vlg MI 48462 Photo 2 72,74,96,98 Village Court, Ortonville Vlg MI 48462 Photo 3 72,74,96,98 Village Court, Ortonville Vlg MI 48462 Photo 4

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72,74,96,98 Village Court - A rare opportunity to purchase 15 well maintained Condominium Units out of 16 total units in Salisbury Village of Ortonville, MI. These units are being sold together but in the future the buyer could sell them individually. Rare opportunity for such nice rental units. 8 units have porches, the rest have decks off the door walls. All units have 2 bedrooms, 1 bathroom and laundry in the units. Tenants pay electric. Entry consists of a heated Foyer to make comfortable access to the units. 4 units per building, 4 buildings total. Shed in left rear of property included. Agent is related to some of the sellers. Annual operating expense and net annual income are projected.

Listing information

  • MLS® ID: 217077300
  • Year Built: 1970
  • Stories: 0
  • Total Square Footage: 14,000 ($103.57 per sq. foot)
  • County: Oakland
  • Property ID: 104055426
  • Baths: 15 (Full: 15 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 2.51
  • School District: Brandon
  • Style: Other
  • Status: Active
  • Foreclosure: No
  • Lot Size: 632 x 175 x 667 x 173
  • Subdivision: Salisbury Village Condos Occpn 1432

Features

Architecture Level 2 Story
Architecture Style Other
Foundation Details Slab
Foundation Materials Block
Heating Baseboard
Heating Fuel Electric
Income Projection Projected
Other Basement YN - 0, Encroachment YN - 0, Frontage Feet - 632, Gross Scheduled Income - 162000.00, Inventory List YN - 0, Land Contract YN - 0, Legal Rental Certified YN - 0, Monthly Rental Income - 900, Net Operating Income - 152800.00, Number Of Units Leased - 15, Number Of Units Total - 15, Restrictions YN - 0, Tax Amount Summer - 9914.8400, Tax Amount Winter - 7206.7600, Unit Efficiency Number Of - 0, Unit Loft Number Of - 0, Unit One Bed Number Of - 0, Unit Three Bed Number Of - 0, Unit Two Bed Number Of - 15, Waterfront YN - 0, Zone Conform YN - 1
Ownership Status Private Owned, Short Sale - No
Road Frontage Type Paved
Zoning Residential
Listed by Vicki Compton of Coldwell Banker Weir Manuel 248-625-1000