11151 CLINTON RIVER Road, Sterling Heights MI 48314

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$399,250

11151 CLINTON RIVER Road, Sterling Heights, MI 48314

bedrooms

bathrooms

square feet

2,145

Acreage

0.69

Open Houses

year built

1960

Full Baths

Half Baths

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*Updated Listing* SUPERIOR income property with TONS of improvement value, and more still remaining, with incredible instant equity available and a 19.6% cash on cash return. Zoned Class C (Commercial), R-60 (permissible for two family dwellings), maximize this investment as a multi unit residence in a prime time location! Situated on 3/4 of an acre, next to M-59 and major freeways, this completely fenced in property - with a boat gate - is comparable to no other, with all major shopping, travel and commute paths in easily accessible range. This beautifully wooded property feels like the country, situated in the center of the major community river walk renovation (state and federally funded), with a location that is about to boom, meaning huge returns on investment for any type of investor! Finish this property and generate $63,000 yearly 3,353 SF colonial/split ranch includes six bedrooms, two kitchens, and a partial kitchenette, three and a half baths, three laundry rooms and three separate entrance/exit points. Updated electrical, plumbing, new furnace, 30 year roof, new flooring, high end casement windows, new butcher block countertops and much, much, much more! Unit #2 is a ranch style that has 3 bedrooms (or two bedrooms and an office), with built in deep shiplap storage cabinets, one bathroom, including a jet whirlpool tub, a full kitchen with cantilevered butcher block for barstool seating, and laundry room with stackable washer and dryer. Unit #1 is a split level ranch and colonial, with three bedrooms, one and a half bathrooms, dining room, and a full workable kitchen and unfinished laundry room. Downstairs has a fully functional washer and dryer, bathroom sink and toilet (with an unfinished shower), partial kitchenette, access to all panels, meters, and furnace. Ductwork is split for two (or three) zones. Turn your investment into immediate income, or occupy one unit and rent out the other, while you make the finishing touches to this home into your perfect dream!

Location
Subdivision	-
County	Macomb
Elementary School	-
Middle School	-
High School	-

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MLS number: 20240077489

Listing agent: Anthony Flagg

Listing broker: Exp Realty Llc (888) 501-7085

Last update: Wednesday, January 15 2025 at 1:18 a.m. EST

Kotohomes National