$62,000 for Sale
21139 hayes avenue, eastpointe, MI 48021
| Beds 2 | Baths 1 | 861 Sqft |
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Property Description
Investors!! Seasoned or first-time!! Income producing investment on Day 1. This unit is now updated and turnkey generating guaranteed monthly rents from DHC for Section 8 tenant. New tenant started January 2025 at $1000/mo, and desires to stay long-term. Seller/owner has experienced annual rent increases. Renewed municipal rental license is transferrable at no cost. DHC and municipal inspections have been passed. Condo interior freshly painted December 2024!! New hot water heater June 2023. Excellent opportunity for a low maintenance condo. Worry free for major expenses - association is responsible for roof, furnace, A/C, gas and water. Tenant pays for electricity. This first floor end unit has spacious layout and cable available. Plank wood flooring in living rm, dining area, bedrooms and hallway. Primary bedroom is large with a walk-in closet. Second bedroom is roomy as is first floor full bath w/ ceramic tile. Full kitchen offers lots of cabinets & counter space. Monthly association fee $369 incl water, heat, grounds & common area maintenance & common laundry. Private, lockable storage unit in common bsmt adjoining laundry area. Ample parking available. Proactive association has made additional temporary assessment of $119/mo. to address rising costs in general fund - last payment is October 1, 2025. Current real estate taxes are non principal residence exemption. Showings will be approved only for investors submitting proof of funds. Yes, we have been on the market for a minute -
General Information
Sale Price: $62,000
Price/SqFt: $72
Status: Active
MLS#: rcomi20240032751
City: eastpointe
Post Office: eastpointe
Schools: eastpointe community schools
County: Macomb
Subdivision: eastridge manor apts
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 861 sq.ft.
Acreage:
Year Built: 1971
Property Type: Condo
Style: End Unit
Features & Room Sizes
Bedroom 1:
Bedroom 2 :
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dinning Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Brick
Exterior: Brick
Exterior Misc: Private Entry
Basement: No
Foundation : Slab
Cooling: Ceiling Fan(s),Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,775
Est. Winter Taxes: $99
HOA fees: 1
HOA fees Period: Monthly
Legal Description: EASTRIDGE MANOR APARTMENTS CONDOMINIUM, MCCP NO. 29 UNIT 10
IDX provided courtesy of Realcomp II Ltd. via Oakland Corners and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: David C McCafferty of Real Estate One-Rochester, Phone: (248) 652-6500
