REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 349,000
Est. payment /mo
Active
63 Williams Street Pontiac, MI 48341 1759
5 Baths
3,250 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $107
Subdivision Mi
MLS Listing ID 61015240
Style 2 Story
Full Baths 5
Year Built 1930
Annual Tax Amount $2,078
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 120x75x110
Property Sub-Type Multi-Family
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
Area Pontiac (63142)
Zoning Multi-Family
Rooms
Basement Block, Common
Interior
Heating Forced Air
Fireplace No
Building
Story 2 Story
Foundation Basement
Water Public Water
Schools
School District Pontiac City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Avenue Group Homes, LLC
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION