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$265,000
Est. payment /mo
3 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20250021679
Originating Board Realcomp
Year Built 1931
Annual Tax Amount $2,521
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50.00 x 150.00
Property Description
This well-maintained three-unit property offers strong income potential.The first-floor unit is a spacious three-bedroom, one-bath layout, city-certified and ready for occupancy. Upstairs, two one-bedroom, one-bath units have passed city rental inspections, with one already occupied by a long-term tenant providing immediate cash flow.Each unit has separate gas and electric meters, with a single water meter for efficiency. Recent upgrades include new furnaces (2020) and a new roof (2024), reducing maintenance costs. Stoves and refrigerators are included in every unit.Located in a growing area, this property is near local businesses, transportation, and new development. It offers consistent rental demand and the potential for appreciation. Available with land contract terms, making it accessible for investors looking to expand their portfolio.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction Heading North On Telegraph- Take A Right Turn On Highland Road (M59). Take To Waldo, Turn Left- Home Is Located On The Right Side Of The Road
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Pontiac
Others
Tax ID 1430452004
Acceptable Financing Contract
Listing Terms Contract
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Listed by VM Real Estate Group