21
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$1,160,000
Est. payment /mo
15 BA
2,700 SqFt
Active
9470 PONTIAC LAKE Road White Lake, MI 48386 1678
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UPDATED:
12/30/2024 03:07 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $429
Subdivision Mi
MLS Listing ID 60288369
Style 1 Story
Full Baths 14
Half Baths 1
Year Built 1965
Annual Tax Amount $15,019
Lot Size 1.720 Acres
Acres 1.72
Lot Dimensions 149X533
Property Sub-Type Multi-Family
Property Description
ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND PRE-APPROVAL BEFORE REQUESTING A SHOWING.
Location
State MI
County Oakland
Area White Lake Twp (63121)
Zoning Commercial
Interior
Heating Baseboard
Fireplace No
Exterior
Exterior Feature Wood
Building
Story 1 Story
Foundation Slab
Water Private Well
Structure Type Wood
Schools
School District Waterford School District
Others
Ownership Private
Assessment Amount $847
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by 365 REALTY