$140,000 for Sale
29209 tessmer, madison heights, MI 48071
Beds 2 | Baths 2 | 918 Sqft |
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Property Description
Investor Alert! Turnkey Opportunity with Long-Term Tenant in Place This beautifully maintained 2-bedroom, 1.5-bath condo is a smart investment with a current tenant under a long-term lease. Major updates have already been done for you, including a brand-new furnace installed in May 2025 and a full remodel in 2023 featuring an updated kitchen, hardwood floors, and refreshed bathrooms. Enjoy the warmth and charm of hardwood flooring throughout the living room and bedrooms. The primary suite includes an impressively oversized closet for ample storage. Additional updates include newer windows and storm doors (replaced within the last 5 years), as well as a newer A/C unit. In-unit washer and dryer are conveniently located in your private basement. Prime location close to hospitals, shopping, restaurants, and major freeways. The HOA covers snow removal, lawn care, garbage, and water—making this property low-maintenance and hassle-free. Located in the desirable Lamphere School District and includes one assigned parking space. Don’t miss this solid, income-generating gem!
General Information
Sale Price: $140,000
Price/SqFt: $153
Status: Active
MLS#: rcomi20250037966
City: madison heights
Post Office: madison heights
Schools: lamphere
County: Oakland
Subdivision: madison manor occpn 126
Bedrooms:2
Bathrooms:2 (1 full, 1 half)
House Size: 918 sq.ft.
Acreage:
Year Built: 1957
Property Type: Condo
Style: Townhouse
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
Basement: Yes
Basement Description: Daylight,Partially Finished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $2,702
Est. Winter Taxes: $466
HOA fees: 1
HOA fees Period: Monthly
Legal Description: T1N, R11E, SEC 12 OAKLAND COUNTY CONDOMINIUM PLAN NO 126 MADISON MANOR BLDG 5, APT 113 L 6043 P 92

IDX provided courtesy of Realcomp II Ltd. via Oakland Corners and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders
Listing By: Shuye Pan of AutoCity Realty LLC, Phone: (248) 605-5320