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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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44075 Elm Dr , Sterling Heights, MI 48313
$234,999
Est. Payment: $522.22/mo
2 Bed
2 Bath
1250 Sqft
Status: Active | Days on site: 41
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409887 - 448386
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Investor special! An excellent opportunity to own a well-maintained second-floor condo with an active lease in place through June, currently generating $1,800 per month in rental income.This updated condo offers a spacious, open layout with vaulted ceilings in both the living room and primary bedroom, creating a bright and inviting atmosphere. Recent improvements include fresh paint throughout, a new furnace and air conditioner installed in 2022, along with updated light fixtures and ceiling fans. The cozy living room features an electric fireplace with remote control, perfect for relaxing year-round.Additional highlights include a 1.5-car attached garage complete with epoxy flooring, built-in shelving, and a large storage closet, providing exceptional functionality and storage space.Conveniently located near shopping, dining, parks, and major expressways, this turnkey investment offers immediate cash flow with an active lease in place through June.
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Highlights

Listed by Dominic Berishaj , 586-839-4614 Showtime Realty , 586-262-4775.

Property Type

Condo/Townhome

HOA Fee

340 Monthly

Year Built

2004

County

Macomb

 Neighborhood

Sterling Heights City

 School District

Utica

Listing ID

20261061343

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer, Refrigerator, Oven, Microwave, Dryer, Dishwasher
Basement:Slab
Water:Public

Exterior Features

Roof:Asphalt
Sewer:Public
Parking Features:Attached
Principal Interest
$522
Taxes
$467
HOA
$340

Home Price

$234,999

Loan Details

30 yrs
%

Down Payment

20%
$47,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$522.22

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $522.22 $467.17 $340.00 $1,329.39
Yearly $6,266.64 $5,606.00 $4,080.00 $15,952.64
Total $187,999.20 $168,180.00 $122,400.00 $478,579.20

Today's Rates

30 Year

0%

20 Year

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Market insight data is pulled from the same city as the listing being viewed (Sterling Heights, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.