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About the Listing 103649 - RC409759
6-Unit Value-Add Investment Opportunity! Currently 2 units are occupied at $1,010/month each, while 4 units are vacant and offer significant upside through lease-up and improvements. The property consists of 4 one-bedroom units, 1 two-bedroom unit, and 1 studio. Potential rents are approximately $1,010/month for each 1-bedroom, $1,200/month for the 2-bedroom, and $600/month for the studio, providing potential gross rental income of approximately $6,040/month ($72,480 annually) when fully leased. Great opportunity for an investor to renovate, stabilize occupancy, increase NOI, and build equity.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Baseboard,Electric Heat
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2775
- Below Ground Sq Ft: n/a
- Basement: Block
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 48X123
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $5,278
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
74 Newberry Pontiac, MI 48341
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