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Key Details
Sold Price $295,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20261013547
Sold Date 04/24/26
HOA Y/N true
Year Built 1924
Annual Tax Amount $2,627
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 50x175x175
Source Realcomp
Property Description
Fully Occupied 5-Unit Investment Property for Sale in Pontiac, MIExcellent 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
Zoning Residential
Direction East On M59 To Left On State (Near Central High) To Right
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Structure Type Brick
Schools
School District Pontiac
Others
Tax ID 1429328028
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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