11151 CLINTON RIVER Road Sterling Heights, MI 48314
Multi-Family (2-4 Units)
MLS #: 20240064026
Courtesy Of eXp Realty LLC
Property InformationDescription
Welcome to this INCREDIBLE investment opportunity to finish this single family residence conversion to a multi-family unit residence situated on a highly desirable 3/4 acre lot in Sterling Heights, close to I-75, Hall Road, and multiple major roads. A fully fenced backyard (with a boat gate) is situated next to a woodland protected area, making this quiet, safe location (ranked the 14th safest city to live in the country) while close to major shopping, access routes, Clinton River trails, canals, rivers, parks - exceptional!
The much anticipated Clinton Riverwalk (approved by the city and federally/locally/state funded) will add tremendous additional value to this home in upcoming months, with plenty of potential to increase the value from the listing price by nearly twice as much.
The only house in Sterling Heights with 3,350 square feet, three separate entrances, and three 3 separate units that include a total of 7 bedrooms, 3-1/2 bathrooms, 3 laundry rooms, 2 kitchens, a kitchenette, and extensive amount of storage with the majority of work done for any investor.
New plumbing, furnace, panels, kitchen appliances, flooring, paint, kitchen additions, laundry room additions, and every repair needed already completed. The major tasks and projects are done (and done right). Finish the areas and each unit to your liking, add a 36" wall - where a door is presently located - to separate the second unit from the first - and a door at the base of the stairs to separate the third unit from the other two...then start generating income the same day you wish to start! Previous rents available to any potential buyer/investor by request. The anticipated rent value is a very LOW projection from the proven concept that has been in place since this house was purchased and renovated while occupying as a primary residence.
All appliances included with the listing. In addition, all and any furniture, materials, supplies, etc. are negotiable to help you finish this unit (or even furnish it for maximum rent value).
The much anticipated Clinton Riverwalk (approved by the city and federally/locally/state funded) will add tremendous additional value to this home in upcoming months, with plenty of potential to increase the value from the listing price by nearly twice as much.
The only house in Sterling Heights with 3,350 square feet, three separate entrances, and three 3 separate units that include a total of 7 bedrooms, 3-1/2 bathrooms, 3 laundry rooms, 2 kitchens, a kitchenette, and extensive amount of storage with the majority of work done for any investor.
New plumbing, furnace, panels, kitchen appliances, flooring, paint, kitchen additions, laundry room additions, and every repair needed already completed. The major tasks and projects are done (and done right). Finish the areas and each unit to your liking, add a 36" wall - where a door is presently located - to separate the second unit from the first - and a door at the base of the stairs to separate the third unit from the other two...then start generating income the same day you wish to start! Previous rents available to any potential buyer/investor by request. The anticipated rent value is a very LOW projection from the proven concept that has been in place since this house was purchased and renovated while occupying as a primary residence.
All appliances included with the listing. In addition, all and any furniture, materials, supplies, etc. are negotiable to help you finish this unit (or even furnish it for maximum rent value).
Features
- Age: Over 50 Years Old
- Amenities: Dock, Cable Ready
- Architecture Style: Ranch
- Exterior Type: Brick, Brick Veneer
- Heating System: Forced Air
- Lot Size: 0.69 Acres
- Rooms: Basement
School Information
11151 CLINTON RIVER Road, Sterling Heights, MI 48314
Elementary School
Grades PK-6 |
Public School
DRESDEN ELEMENTARY SCHOOL
Sterling Heights, MI 48314
11400 Delvin Dr
586.797.4500
Distance: 0.2 mi
School Rating
B-
Student:Teacher Ratio
14:1
Total Students
411
Middle School
Grades 7-8 |
Public School
BEMIS JUNIOR HIGH SCHOOL
Sterling Heights, MI 48313
12500 19 Mile Rd
586.797.2500
Distance: 0.8 mi
School Rating
C+
Student:Teacher Ratio
22:1
Total Students
813
High School
Grades 9-12 |
Public School
HENRY FORD II HIGH SCHOOL
Sterling Heights, MI 48313
11911 Clinton River Rd
586.797.1600
Distance: 0.6 mi
School Rating
A-
Student:Teacher Ratio
20:1
Total Students
1780
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Browing Elementary School | 0.7 mi | Public | PK-6 | B+ |
| Jack Harvey Elementary School | 1.0 mi | Public | PK-6 | C |
| Schwarzkoff Elementary School | 1.3 mi | Public | PK-6 | B+ |
| Flickinger Elementary School | 1.3 mi | Public | PK-6 | B- |
| Ucs Alternative Learning Center | 1.3 mi | Public | 9-12 | D |
| Trinity Lutheran School | 1.4 mi | Private | PK-8 | |
| Havel Elementary School | 1.4 mi | Public | PK-6 | A- |
| Eppler Junior High School | 1.6 mi | Public | 7-8 | B- |
| Adlai Stevenson High School | 1.7 mi | Public | 10-12 | A |
| Joan C Sergent Instructional Resource Center | 1.8 mi | Public | 9-12 | |
| Plumbrook Elementary School | 1.8 mi | Public | PK-6 | A- |
| Graebner Elementary School | 1.9 mi | Public | PK-6 | B- |
| Dekeyser Elementary School | 1.9 mi | Public | PK-6 | A- |
| Davis Junior High School | 2.1 mi | Public | 7-8 | C+ |
| Wiley Elementary School | 2.4 mi | Public | PK-6 | B |
| Messmore Elementary School | 2.4 mi | Public | PK-6 | A |
| Utica High School | 2.4 mi | Public | 10-12 | A- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Sterling Heights, MI 48314
| Median Age: | 45.7 |
|---|---|
| Married: | 50% |
| Number of Households: | 8,567 |
| Households with Children: | 22.6% |
Sterling Heights, MI 48314
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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