Estimation provided by Keller Williams Realty Inc.
2 Beds
3 Baths
2,567
sq ft
.17
ac
Active
For Sale
Property Description
Discover an investment opportunity in the growing city of Pontiac! This well- maintained three-unit multi-family property is a gem, offering a combination of convenience, functionality, and strong income potential. The spacious first-floor unit is a standout, featuring a large three-bedroom, one-bath layout perfect for families or long-term tenants. With its city rental certificate in place, it's ready for immediate occupancy. Upstairs, you'll find two one-bedroom, one-bath units, both well-maintained and with their own rental inspections from the city. One of these units already has a strong, reliable, long-term tenant who pays promptly, for immediate cash flow.Each unit has its own separate gas and electric meters, providing convenience for tenants and simplifying utility management for you. The property also features one central water meter and has been recently upgraded with newer furnaces (2020) and a new roof (2024) . This means the major systems have been recently updated, reducing the need for immediate maintenance or repairs. Every unit comes complete with stoves and refrigerators, making them move in ready.Located in a community that’s steadily evolving and attracting attention, this property is an opportunity to capitalize on Pontiac’s ongoing growth. Whether you're a seasoned investor or just starting to build your portfolio, this property offers stability and potential. Available exclusively with land contract terms, it’s your chance to invest in the future of Pontiac while generating solid returns.
Assessed Value is a combination of the land and additions.
2021
$2,203
(-0.34%)
$63,220
No Breakdown Available
2020
$2,210
(+9.99%)
$49,310
No Breakdown Available
2018
$2,010
(+4%)
$34,800
No Breakdown Available
2017
$1,932
$33,440
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Property Details
Property Information
Property Type
Multifamily
List Category
For Sale
House Size
sq ft
Bedrooms
2 Beds
Bathrooms
3 Baths
Days on Site
68 Days
Year Built
1931
MLS Number
20250004614
Lot Information
Lot Size
ac
Construction/Structure
Architectural Style/Design
Tudor
Foundation
Block, Basement
Construction Materials
Brick
Water Source
Public (Municipal)
Interior Features
Forced Air
Ceiling Fan(s)
Exterior Features
Porch
Asphalt
Parking Features
3 Parking Spaces
Yes
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