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11151 Clinton River Road

SterlingHeights, MI 48314

– beds
4 baths
3,198 sqft
~3/4 acre lot
$124 per sqft
1960 build
– on site

SUPERIOR income property with TONS of improvement value still remaining to maximize this investment as a multi-unit residence - or keep it open and enjoy a spaciously large; vastly updated single family residence! Situated on 3/4 of an acre, surrounded by protected woodland, completely fenced in with a boat gate, this beautiful property feels like the country…yet is in the PERFECT LOCATION. Situated next to Hall Rd, 19 mile, in the center of the major community river walk renovation, all major shopping and ease of transportation, this location is highly desirable and extremely large! Generate $63,000 yearly income, with a $677,900 approximate complete improvement value, for approximately $25,000 (being provided by the seller!). This unfinished 3,353 SF colonial/split ranch includes 2 kitchens and a kitchenette, 3 laundry rooms, 3.5 baths, 7 bedrooms + Studio, 3 separate entrance/exit points. Updated electrical, plumbing, new furnace, 30-year roof, new flooring, high end casement windows, new countertops and cabinets (with granite on hand for any investor to finish the kitchenette with downstairs! Add an egress window for $5k to maximize with your concessions and increase your income opportunity into three units by finishing the studio)! All bedrooms in unit #1 were previously individually rented at $800/mo (x3) each, generating $2,400/mo. income. The anticipated income of having all three units occupied is $63,000 per year (minimally). The anticipated improvement value is $677,900 upon completion. Seller is willing to complete additional scope of repairs in written offer (and is consistently working on the home to improve value). Realtor is the seller and primary occupant. Furniture in home negotiable for purchaser to make furnished units. Supplies and materials to finish home included. Riding lawnmower included. With these kinds of return on investment (+ $223,406 with $25,000 invested), this property won't last long! Come see it today. Must be accompanied by Realtor.

Listing courtesy of REALCOMP / EXP Realty

Last checked: Checking… • Last updated Dec 23, 2024 •

MLS# 20240077489 —

The Building

Year Built:

1960
Year Remodeled:

2024
New Construction:

false
Construction Materials:

AluminumSiding, Brick, BrickVeneer
Architectural Style:

Colonial
Roof:

Composition
Levels:

Three
Basement:

Full, PartiallyFinished, Private
Basement:

true
Foundation Details:

Basement, Block, CrawlSpace
Exterior Features:

GutterGuardSystem, PrivateEntrance
Window Features:

ENERGYSTARQualifiedWindows
Patio And Porch Features:

Patio, Porch
Accessibility Features:

AccessibleDoors, AccessibleEntrance, AccessibleKitchen, AccessibleWasherDryer, CommonArea
Above Grade Finished Area:

2145.0
Below Grade Total Area:

1053
Below Grade Finished Area:

1053.0

Interior

Interior Features:

EntranceFoyer
Fireplace:

false
Laundry Features:

GasDryerHookup, LaundryRoom

Room Dimensions

Living Area:

3198.0
Living Area Source:

Assessor

Location

Directions:

Corner of 19 mile and Clinton River Road
Cross Street:

19 Mile & Clinton RIVER Rd

The Property

Parcel Number:

1003454010
Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Lot Size Acres:

0.69
Lot Size Area:

0.69
Lot Size Dimensions:

155.00 x 194.00
Lot Size Units:

Acres
Zoning Description:

Multiple
Fencing:

BackYard, Fenced
Water Body Name:

Clinton River
Road Frontage Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Legal Description:

M 66A2A2 $T2N,R12E SEC 3 COMM AT SE COR SEC 3; TH S88*03'15"W 1829.08 FT; TH N27*19'W 204.82 FT TO PT OF BEG; TH N27*19'W 150.0 FT; TH N62*41'E 163.0 FT; TH S49*46'25"E 162.30 FT; TH S62*41'W 225.0 FT TO PT OF BEG; EXC SW 43.0 FT. 0.520 A
Tax Assessed Value:

135600
Tax Annual Amount:

5560.0

Baths

Bathrooms Total:

4
Bathrooms Full:

3
Bathrooms Half:

1

Heating & Cooling

Heating:

ENERGYSTARQualifiedFurnaceEquipment, ForcedAir, NaturalGas
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

AboveGroundUtilities
Electric:

Service100Amp, CircuitBreakers, Fuses
Sewer:

SepticTank
Water Source:

Public

Schools

High School District:

Utica

The Community

Senior Community:

false
Pool Features:

None
Waterfront:

false
Pets Allowed:

CatsOK, DogsOK

Parking

Garage:

true
Attached Garage:

false
Parking Total:

5.0
Parking Features:

Garage

EXP Realty

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Sale history

Date	Event	Source	Price	% Change
11/27/24 Nov 27, 2024	Listed / Active	REALCOMP	$399,250

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This multifamily located in Sterling Heights, MI 48314 is currently for sale for $399,250. 11151 Clinton River Road is a 3,198 square foot multifamily with – beds and 4 baths that has been on Estately for 27 days.

EXP Realty

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.