$624,900

Multi Family In Pontiac

4 Baths
4,827 Sqft
6,099 Sqft lot

Updated: Today
Source:
MiRealSource MLS#61026306

About the Property

Fully Renovated Four-Unit Multifamily Investment Opportunity. This exceptional property has been completely renovated and features three 3- bedroom units and one spacious 4-bedroom unit., along with a separate house and vacant lot (Property ID# [hidden information]). Major updates include brand-new mechanicals, electrical and plumbing providing a truly turnkey investment opportunity. All rental un

Fully Renovated Four-Unit Multifamily Investment Opportunity. This exceptional property has been completely renovated and features three 3- bedroom units and one spacious 4-bedroom unit., along with a separate house and vacant lot (Property ID# [hidden information]). Major updates include brand-new mechanicals, electrical and plumbing providing a truly turnkey investment opportunity. All rental units are city certified. The property is already generating income, with one unit currently leased at $1,600/month and the house generating $1,700/month. Three additional units are currently vacant, offering significant immediate upside. Two of the vacant units have an estimated rental potential of approximately $1,600/months each, while the fourth unit has the potential to rent for approximately $1,800/month. At full occupancy, the projected gross monthly rental income is approximately $8,300, based on the stated rents. The property also offers plenty of on-site parking and is zoned R-3, making this an excellent opportunity for investors looking for a renovated multifamily property with strong income potential and room to increase cash flow.

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Property type

Other
Floors

2
Year built

1920
Price/sqft

$129

Features

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221 Baldwin Avenue, Pontiac, Michigan, United States View on Google Maps

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ICON Realty Experts, LLC - West Bloomfield

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ICON Realty Experts, LLC - West Bloomfield

Michigan, United States

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1

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2026

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ICON Realty Experts, LLC - West Bloomfield

West Bloomfield, Michigan, United States

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Last updated

Today

First listed

Sep 1

Listing reference

61026306

Listing status

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright [current year] MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Multi Family In Pontiac

About the Property

Property type

Floors

Year built

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Multi Family In Pontiac

About the Property

Property type

Floors

Year built

Price/sqft

Features

Explore the Area

Listed by

Book home tour with the agent

Similar Properties Nearby

New Listings in Pontiac

Explore More Homes for Sale

Pontiac, MI, United States popular searches

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