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$ 349,000
Est. payment | /mo
5 Baths
5,227 Sqft Lot
$ 349,000
Est. payment | /mo
5 Baths
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20261057421
Year Built 1930
Annual Tax Amount $2,078
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 120x75x110
Source Realcomp
Property Description
Don't miss this excellent value-add multi-unit investment in a convenient Historic District Pontiac location. This city-certified 5-unit apartment building features five 2-bedroom, 1-bath units, with four recently updated units and a fifth basement unit ready for renovation—offering immediate upside and additional income potential.The property is located on a desirable block with rear parking, a history of low vacancy, and room for future rent growth. Water is included in the current rents, and small pets are permitted, helping attract and retain quality tenants. With a strong rental demand in the area and the opportunity to increase cash flow through the remaining rehab and future rent adjustments, this property is an excellent addition to any investor's portfolio. To protect tenant privacy, showings with accepted offers only. Property management services are available for buyers. Financials are projected based on market rent adjustments. BATVAI.
Location
State MI
County Oakland
Zoning Multi-Family
Direction N on Pike E on Williams
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Stucco
Schools
School District Pontiac
Others
Tax ID 1429453010
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Avenue Group Homes, LLC
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