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Madison Heights,MI 48071
Key Details
Property Type Condo
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 918 sqft
Price per Sqft $152
Subdivision Madison Manor Occpn 126
MLS Listing ID 20250037966
Style Townhouse
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $300/mo
Year Built 1957
Annual Tax Amount $3,168
Property Sub-Type Townhouse
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!
Location
State MI
County Oakland
Area Madison Heights
Interior
Heating Forced Air
Exterior
Garage Description No Garage
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Lamphere
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional