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 watermaking this property low-maintenance and hassle-free. Located in the desirable Lamphere School District and includes one assigned parking space. Dont miss this solid, income-generating gem!
Property Features
Bedrooms
Other Rooms
- Total Rooms: 4
- Bath - Lav: 4.00 x 5.00
- Bath - Lav Level: First/Entry
- Bedroom: 11.00 x 13.00
- Bedroom Level: Second
- Bedroom: 10.00 x 11.00
- Bedroom Level: Second
- Bath - Full: 7.00 x 9.00
- Bath - Full Level: Second
- Kitchen: 12.00 x 7.00
- Kitchen Level: First/Entry
- Basement Description: Daylight, Partially Finished
Bathrooms
- Total Bathrooms: 1.10
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Heating and Cooling
- Heating Features: Forced Air
- Heating Fuel: Natural Gas
Exterior and Lot Features
- Road Frontage Type: Paved
Homeowners Association
- Association: Yes
- Association Fee: 300
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 300
- Association Phone: 2486551500
- Pets Allowed: Yes
School Information
- School District: Lamphere
Other Property Info
- ActivationDate : 2025-05-24
- Annual Tax Amount: 3168
- Source Listing Status: Active
- County: Oakland
- Directions: N of 12 MILE, W of DEQUINDRE
- Source Property Type: Condominium
- Home Warranty: No
- Area: Madison Heights
- Property Subtype: townhouse
- Source Neighborhood: MADISON MANOR OCCPN 126
- Ownership Type: Short Sale - No, Private Owned
- Parcel Number: 2512478158
- Postal City: Madison Heights
- Postal Code Plus 4: 2619
- Subdivision: MADISON MANOR OCCPN 126
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 918
- Year Built: 1957
- Construction Materials: Brick
- Foundation Details: Basement
- Levels: 2 Story
- Property Age: 68
- Levels or Stories: 2 Story
- Total Area Lower: 230
- Total Area Sqft: 1148
- Total Below Grade Area: 459
- Architectural Style: Colonial, Townhouse
Utilities
- Sewer: Public Sewer (Sewer-Sanitary)
- Water Source: Public (Municipal)