UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 4,626 sqft
Price per Sqft $75
Subdivision Sanderson & Johnstons Add
MLS Listing ID 20261013547
Style CommonEntryBuilding,UpperLowerApartment
Full Baths 5
Year Built 1924
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type MultiFamily
Property Description
Excellent investment opportunity in Pontiac! This reasonably maintained 5-unit multifamily building is fully occupied, providing immediate rental income. Each unit features 2 bedrooms and 1 bathroom (Except the attic unit, which has 1 bed/1 bath), offering comfortable layouts that appeal to long-term tenants.
The property sits on a quiet block and includes a rear parking slab for tenant convenience. Major components—including the vinyl windows, roof, furnaces, and water heaters—are in great condition. Unit interiors vary in updates but are all well-kept.
Seller financing is available with 25% down, and terms are negotiable, creating a flexible opportunity for investors. With solid occupancy and room for future value growth, this property is a strong addition to any portfolio.
Location
State MI
County Oakland
Area Area02142Pontiac
Rooms
Basement Common, Unfinished
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Other
New Construction No
Schools
School District Pontiac
Others
Senior Community false
Acceptable Financing Cash, Conventional, OwnerMayCarry
Listing Terms Cash, Conventional, OwnerMayCarry
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Cats Ok, Size Limit, Yes
Nearby School & Business
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Sandra Walus
Broker Associate | License ID: 6502347609
Broker Associate License ID: 6502347609