11151 Clinton River Road

Sterling Heights, Michigan 48314

  • 6 Bed(s)
  • 3.5 Bath(s)
  • 2,145 Sqft
  • 0.69
    Acre(Lot)
$399,250

Description

*updated listing*

superior income property with tons of improvement value, and more still remaining, with incredible instant equity available and a 19.6% cash on cash return. zoned class c (commercial), r-60 (permissible for two family dwellings), maximize this investment as a multi unit residence in a prime time location! situated on 3/4 of an acre, next to m-59 and major freeways, this completely fenced in property - with a boat gate - is comparable to no other, with all major shopping, travel and commute paths in easily accessible range.

this beautifully wooded property feels like the country, situated in the center of the major community river walk renovation (state and federally funded), with a location that is about to boom, meaning huge returns on investment for any type of investor! finish this property and generate $63,000 yearly

3,353 sf colonial/split ranch includes six bedrooms, two kitchens, and a partial kitchenette, three and a half baths, three laundry rooms and three separate entrance/exit points. updated electrical, plumbing, new furnace, 30 year roof, new flooring, high end casement windows, new butcher block countertops and much, much, much more!

unit #2 is a ranch style that has 3 bedrooms (or two bedrooms and an office), with built in deep shiplap storage cabinets, one bathroom, including a jet whirlpool tub, a full kitchen with cantilevered butcher block for barstool seating, and laundry room with stackable washer and dryer. unit #1 is a split level ranch and colonial, with three bedrooms, one and a half bathrooms, dining room, and a full workable kitchen and unfinished laundry room.

downstairs has a fully functional washer and dryer, bathroom sink and toilet (with an unfinished shower), partial kitchenette, access to all panels, meters, and furnace. ductwork is split for two (or three) zones. turn your investment into immediate income, or occupy one unit and rent out the other, while you make the finishing touches to this home into your perfect dream!

  • Property Type

    Multifamily

  • County

    Macomb

  • Style

    Colonial

  • AD ID

    49563001

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Property Details

  • Bathroom Information

    • Total Baths: 3.5
    • Full Baths: 3
    • Half Baths: 1

    Room Information

    • Porches: Patio,Porch

    Interior Features

    • 100 Amp Service,Circuit Breakers,ENERGY STAR® Qualified Window(s),Other,Fuses,Laundry Facility
    • Roof : Composition
    • Basement Description: Partially Finished,Private

    Heating & Cooling

    • Cooling: Central Air
    • Heating: ENERGY STAR® Qualified Furnace Equipment,Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1960
    • Building Stories: 3 Story
    • Total Units: 3
    • Roof: Composition
    • Foundation/Basement: Crawl,Basement
    • Architecture: Colonial

    Exterior Features

    • Gutter Guard System,Private Entry,Fenced
    • Construction: Aluminum,Brick,Brick Veneer

    Utility Features

    • Sewer: Septic Tank (Existing)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.69
    • Dimensions: 155.00 x 194.00

    Property Information

    • SQ ft: 2145
    • Financing: Assumable (Asm-Lend App),Cash,Conventional,FHA,FHA 203K,USDA Loan (Rural Dev)

  • Listing Price Information

    • Original List Price: $399,250

    Listing Information

    • Possession: Close Plus 31-60 Days
    • Legal Description: M 66A2A2 $T2N,R12E SEC 3 COMM AT SE COR SEC 3; TH S88*03'15"W 1829.08 FT; TH N27*19'W 204.82 FT TO PT OF BEG; TH N27*19'W 150.0 FT; TH N62*41'E 163.0 FT; TH S49*46'25"E 162.30 FT; TH S62*41'W 225.0 FT TO PT OF BEG; EXC SW 43.0 FT. 0.520 A

  • Tax Information

    • Annual Tax: $5,560
    • Parcel Number: 1003454010

    Possession

    • Close Plus 31-60 Days

    Legal Information

    • Legal Description: Section: M 66A2A2 $T2N,R12E SEC 3 COMM AT SE COR SEC 3; TH S88*03'15"W 1829.08 FT; TH N27*19'W 204.82 FT TO PT OF BEG; TH N27*19'W 150.0 FT; TH N62*41'E 163.0 FT; TH S49*46'25"E 162.30 FT; TH S62*41'W 225.0 FT TO PT OF BEG; EXC SW 43.0 FT. 0.520 A

  • Parking Information

    • Parking: 5
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 3 Information

    • # of Bedrooms: 2

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 05/04/2025 @ 15:14

  • MLS: 625904799
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 6 bedrooms which is for sale, it has 2,145 sqft, 1 sized lot, and Garage parking. are nearby neighborhoods.