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$310,000

Listing Price

1beds

4baths

544sqft

--sqft lot

31853 Nardelli Ln, Roseville, MI 48066

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Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Condo / Townhome

Home type

--

Price / sqft

1992

Year built

Home Details

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 propertys uniformity and appeal. Dont miss out on this lucrative and stable investment opportunity in Roseville.

Interior Details

Square Feet
  • 544

Bedrooms
  • 1

Bathrooms
  • 4

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • N/A

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$846

$0

$0

--%

$15,000

2019

$846

$0

$0

--%

$11,900

2018

$392

$0

$0

--%

$11,100

2017

$497

$0

$0

--%

$10,626

2016

$493

$0

$0

--%

$9,171

2014

$487

$0

$0

--%

$7,017

2013

$505

$0

$0

--%

$7,398

2012

$547

$0

$0

--%

$8,130

percent-home-icon

Average Home Price in 48066

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Bed

Bath

Sqft

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Sold Date

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0 Lot (sqft)

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1 Beds

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1 Beds

1 Baths

544 Sqft

0 Lot (sqft)

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percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
310,000
$
Down payment
62,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,860
$
HOA (Monthly)
0
$
PMI
0
$
$2,007
Your Payment
Total Monthly Payment:$2,007
Percent of Income:34%
Affordable:No

Details for 31853 NARDELLI LN

Property Debt

Foreclosure Contact Details

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