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About the Listing 103903 - RC396901
Fantastic investment opportunity with this solid brick triplex in Pontiac, conveniently located near Telegraph and Elizabeth Lake Rd. The property includes two spacious 2-bedroom units, both currently occupied by Section 8 tenants paying $1,250 and $1,207 per month. The third unit is a vacant basement studio with egress, offering an estimated rental potential of $750 per month. With all three units rented, the property has the potential to generate approximately $3,207 in monthly income, delivering an attractive projected cap rate of 11%. Additional features include a two-car garage for added tenant convenience. Showings are available upon accepted offer only.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
60988504
Year Built
1931
Total Square Footage
1,854
Lot/Acreage
0.14
County
Oakland
Neighborhood
Bagley & Manns
Area
Pontiac (63142)
School District
Pontiac City School District
Interior Details
- Bedrooms: 0
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1854
- Below Ground Sq Ft: n/a
- Basement: Block,Finished
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 40X150
- Zoning: Residential
- Roof:
- Others: Porch,Exterior Balcony
- Sewer:
Financial Details
- Tax Amount: $3,159
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
156 Mark Pontiac, MI 48341
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