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31853 NARDELLI Lane
Roseville MI 48066 US

$310,000

Active Listing ID 20240048166
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4.00 Bath (4 Full)
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Ranch

$310,000

Active Listing ID 20240048166
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31853 NARDELLI Lane exceptional investment opportunity in Roseville with a turn-key package of four one-bedroom condos. Perfect for any investor, these low-maintenance units have all been updated within the last five years, ensuring modern appeal and ease of rental. The units historically have generates a gross monthly income of $3, 450, with three units rented at $900/month and one at $950 presenting a straightforward opportunity to re-lease the unit at $900/month or more, boosting the annual gross income to $43, 800. This investment boasts minimal expenses, including annual property taxes of $5, 552.63 and HOA dues of $7, 440 ($155/month), totaling $12, 992.63. This results in a net annual income of $30, 207.37, nearly a 10% cap rate, demonstrating a robust return on investment. Tenants are responsible for all utilities, including water, further reducing your overhead costs. All lease agreements and security deposits are available for review and will transfer with the sale, ensuring a smooth transition for the new owner. Showings are arranged only with an accepted offer. Each unit features the same size and layout, with three located on the lower level and one on the upper level, enhancing the property’s uniformity and appeal. Don’t miss out on this lucrative and stable investment opportunity in Roseville.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Ranch
  • Features
  • Full Bathrooms: 4
  • Cooling System: Wall Unit(s) A/C
  • Roof Type: Asphalt
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Ranch
  • listprice: 310000
  • unparsedaddress: 31853 NARDELLI Lane
  • postalcity: Roseville
  • stateorprovince: MI
  • country: US
  • postalcode: 48066
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0
  • lotsizeunits: Acres
  • livingarea: 544
  • livingareaunits: Square Feet
  • latitude: 42.529749
  • longitude: -82.906405
  • listagentfullname: Jonathan E Foukes
  • listagentemail: JFoukes@gmail.com
  • listagentkey: 3yd-REALCOMPMI-332978
  • listagentmlsid: 332978
  • listagentpreferredphone: 5864052327
  • listagentofficephone: 5864052327
  • listofficekey: 3yd-REALCOMPMI-393425
  • listofficemlsid: 393425
  • disclaimer: Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1992
  • yearbuilteffective: 2019
  • listingcontractdate: 2024-07-07
  • listagenturl: http://www.moverealtyco.com
  • countyorparish: Macomb
  • parcelnumber: 1403303055
  • elementaryschooldistrict: Roseville
  • middleorjuniorschooldistrict: Roseville
  • highschooldistrict: Roseville
  • cooling: Wall Unit(s) A/C
  • constructionmaterials: Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 2
  • parkingfeatures: Paved or Surfaced
  • roof: Asphalt
  • waterfrontyn: False
  • interiorfeatures: Laundry Facility
  • architecturalstyle: Ranch
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.9064, 42.52975
  • customfields: {"AlternatePrices":[], "BrokerName":"Move Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"JFoukes@gmail.com", "ListBrokerageCity":"Bruce Twp", "ListBrokerageCountry":"US", "ListBrokerageEmail":"JFoukes@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/151/344584/20170207181543627.png", "ListBrokerageName":"Move Realty", "ListBrokeragePhone":"(586) 405-2327", "ListBrokeragePostalCode":"48065", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"6230 Christopher Ct", "ListBrokerageWebsiteUrl":"http://www.moverealtymi.com", "ListOfficeAddress1":"6230 Christopher Court", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"332978", "ListOfficeCity":"Bruce Twp", "ListOfficeCountry":"US", "ListOfficeEmail":"JFoukes@gmail.com", "ListOfficePostalCode":"48065", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Ranch - Roseville, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/31835-Nardelli-Ln_Roseville_MI_48066_M31269-12182?f=listhub&s=REALCOMPMI&m=20240048166&c=rexren", "MLSModificationTimestamp":"2024-09-16T10:11:24Z", "Neighborhoods":[{"Description":null, "Name":"Roseville"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5552.63, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/16/2024 3:10:10 PM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Jonathan E Foukes, Move Realty LLC, JFoukes@gmail.com

Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.