5200 North Genesee Road

Beds
8,000 Sq. Ft.
$56 / Sq. Ft.
8,000
Sq. Ft.
$56
per Sq. Ft.

Description

This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available...This 7 unit condo development is completely leased. Approved for 5 more buildings. Future building are ready for construction the utilities are in place. Driveway and parking lot are installed. Each unit is 925 sq. ft., including 2 bedroom, full bath Utility room (plumbed for washer and dryer), kitchen (with appliances) breakfast nook and living room. Master suite includes walk-in closet, plus a walk-in pantry off of kitchen Condo fee's are $100.00 per month per unit, $5,100.00 cash reserve available to new owners. Annual insurance is $5,644.00, Property taxes are $11,171.52, Management fee is $800.00 annually and Maintenance for the grounds is budgeted for $4,500.00 annually.
  1. Listed by Craig D Hutchins • Liberty Way Realty MI LLC
    P: (810)-444-9620 CraigHutchinsSellsHomes@gmail.com

Property Details for 5200 North Genesee Road

Architectural Style
2 Story
Subdivision Name
SUMMERFIELD CONDO
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 09/30/2020 12:00 AM

Property Details for 5200 North Genesee Road

StatusClosed
MLS #40010498
Days on Market250
Taxes$11,171 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built2005
Lot Size5.21 AC / 226,947 SF
CountyGenesee County

Location

Listing Courtesy of Liberty Way Realty MI LLC

Sold By LPS

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Building Information for 5200 North Genesee Road

Stories2Residences7Year Built2005Building Size-Lot Size5.21 AC / 226,947 SF

Payment Calculator

$3,173 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$931

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5200 North Genesee Road

Summary
Location and General Information
  • Cross Street: Carpenter Road
  • Directions: I-69 to Belsay Road to Genesee Road
  • Latitude: 43.081935
  • Longitude: -83.614818
  • MLS Area Major: Genesee Twp (25010)
  • Township: Genesee Genesee Twp
Taxes and HOA
  • Parcel Number: 1123651200
  • Tax Annual Amount: $11,171.00
Property
Lot Information
  • Frontage Length: 81.0
  • Lot Size Acres: 5.21
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 8000.0
  • Building Area Total: 8000.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 2005
Building Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Patio And Porch Features: Patio, Deck
Interior Features
  • Appliances: Gas Water Heater
  • Has Basement: No
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Net Operating Income: $25,000

Property History for 5200 North Genesee Road

DateEvent & SourcePriceAppreciation
Sep 30, 2020

Sold

MiRealSource #40010498

$450,000
Aug 31, 2020

Contract Signed

MiRealSource #40010498

Dec 26, 2019

Listed (Active)

MiRealSource #40010498

$499,900
DateEvent & SourcePrice
09/30/2020

Sold

MiRealSource #40010498

$450,000
08/31/2020

Contract Signed

MiRealSource #40010498

12/26/2019

Listed (Active)

MiRealSource #40010498

$499,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5200 North Genesee Road

Taxable ValueLand-Additions-Total-
Tax Record2024$22,586 ($1,882 / month)
Home Facts
Beds0Total Finished SqFt7,824 SqFtAbove Grade Finished SqFt7,824 SqFtLot Size226,948 SqFtStyleCondominiumZoningR-2 SNGL/2 FACountyGENESEEAPN11-23-651-200

Schools near 5200 North Genesee Road

This home is within Kearsley Community School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - K to 5
Public - 4 to 6
Public - 6 to 8
Rating
School
Distance
Weston Elementary School
PublicPK to 1

Kate Dowdall Elementary School
PublicK to 5

Leota Fiedler Elementary School
Public4 to 6

Armstrong Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Liberty Way Realty MI LLC

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