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$540,000
Est. payment /mo
29 Baths
0.39 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20251032204
HOA Y/N true
Year Built 1930
Annual Tax Amount $3,726
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 120x140
Source Realcomp
Property Description
Incredible opportunity to own a 29 unit multifamily building in Pontiac. This property has been completely gutted and is ready for your vision and construction. With brand new water lines already installed and all plans approved by the city, the project is set up for a smooth transition and the approved plans will be provided to the new buyer. The building offers massive potential for rental income and the ability to create long term generational wealth. Included in the sale is an additional lot directly across the street, adding even more value and future possibilities. Priced below appraised value, this is a rare chance to secure a large scale project with endless upside. Selling for under $95,000 appraised AS IS Value. (All showings will be accompanied by the listing agent, open tours will be available, for all people to come and see the property.)
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Residential
Direction w Huron & Telegraph
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Structure Type Brick
Schools
School District Pontiac
Others
Tax ID 1430476002
Acceptable Financing Cash
Listing Terms Cash
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Listed by ICON Realty Experts, LLC
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