11151 Clinton River Rd, Sterling Heights, Michigan, United States

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Home For Sale

$443,900

11151 Clinton River Rd
Sterling Heights, Michigan, United States

6bd 3.5ba

Listed By: Realtyww Info

Listed On: 08/28/2024

Listing ID: GL11393011 View More Details

Description

Welcome to this INCREDIBLE investment opportunity to finish this single family residence conversion to a multi-family unit residence situated on a highly desirable 3/4 acre lot in Sterling Heights, close to I-75, Hall Road, and multiple major roads. A fully fenced backyard (with a boat gate) is situated next to a woodland protected area, making this quiet, safe location (ranked the 14th safest city to live in the country) while close to major shopping, access routes, Clinton River trails, canals, rivers, parks - exceptional! The much anticipated Clinton Riverwalk (approved by the city and federally/locally/state funded) will add tremendous additional value to this home in upcoming months, with plenty of potential to increase the value from the listing price by nearly twice as much. The only house in Sterling Heights with 3, 350 square feet, three separate entrances, and three 3 separate units that include a total of 7 bedrooms, 3-1/2 bathrooms, 3 laundry rooms, 2 kitchens, a kitchenette, and extensive amount of storage with the majority of work done for any investor. New plumbing, furnace, panels, kitchen appliances, flooring, paint, kitchen additions, laundry room additions, and every repair needed already completed. The major tasks and projects are done (and done right). Finish the areas and each unit to your liking, add a 36 wall - where a door is presently located - to separate the second unit from the first - and a door at the base of the stairs to separate the third unit from the other two...then start generating income the same day you wish to start! Previous rents available to any potential buyer/investor by request. The anticipated rent value is a very LOW projection from the proven concept that has been in place since this house was purchased and renovated while occupying as a primary residence. All appliances included with the listing. In addition, all and any furniture, materials, supplies, etc. are negotiable to help you finish this unit (or even furnish it for maximum rent value).

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Listed by: Anthony Flagg