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98 S EDITH Pontiac, MI 48342 2988
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Key Details
Sold Price $310,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,804 sqft
Price per Sqft $64
Subdivision Mi
MLS Listing ID 40167042
Sold Date 05/21/21
Annual Tax Amount $5,176
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 135x120
Property Description
Great investment opportunity! 10 Unit brick apartment building in good location, always full ....6 one bedroom units at $495 mo. and 4 studios at $450 mo. (rents could be higher). Tremendous return on investment in 15% range! Great set up with 10 separate gas and electric meters. Large lot with plenty of parking. All units in average condition with some wear and tear, most have hardwood floors and some ceramic tile. Most windows are updated to vinyl. All plumbing and electrical updated 10 years ago. Efficient hot water heat, 4 of them replaced about 4 yrs ago. One unit being remodeled currently will be occupied by closing. Large triple lot ! Well kept exterior and neighbors.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Mixed Use,Commercial,Residential
Interior
Heating Hot Water
Exterior
Waterfront No
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Community Choice Realty Inc
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