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!
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!
Property Details
Price:
$140,000
MLS #:
20250037966
Status:
Active
Beds:
2
Baths:
2
Address:
29209 TESSMER
Type:
Condo
Subtype:
Condominium
Subdivision:
MADISON MANOR OCCPN 126
Neighborhood:
02252 – Madison Heights
City:
Madison Heights
Listed Date:
May 22, 2025
State:
MI
Finished Sq Ft:
1,148
ZIP:
48071
Year Built:
1957
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Lamphere
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Townhouse
Construction Materials
Brick
Parking Features
No Garage
Financial
HOA Fee
$300
HOA Frequency
Monthly
Taxes
$3,168
Map
Community
- Address29209 TESSMER Madison Heights MI
- SubdivisionMADISON MANOR OCCPN 126
- CityMadison Heights
- CountyOakland
- Zip Code48071
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29209 TESSMER
Madison Heights, MI
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