4
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$1,790,000
Est. payment /mo
40 Baths
26,880 SqFt
New
50 Wayne Street Pontiac, MI 48342
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 26,880 sqft
Price per Sqft $66
Subdivision Mi
MLS Listing ID 60961180
Full Baths 40
Year Built 1920
Annual Tax Amount $1,473
Lot Dimensions 120x141
Property Sub-Type Multi-Family
Property Description
*MOTIVATED SELLER* Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Commercial
Rooms
Basement Common, Poured
Interior
Heating Baseboard
Fireplace No
Building
Foundation Basement
Water Public Water
Schools
School District Pontiac City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by ICON Realty Experts, LLC
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