About This Home

This 2-bedroom, 1-bathroom single family at 940 Melrose Street in Pontiac, MI is listed for $87,000 ($128 per sqft). Built in 1920, the home offers 678 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1920
  • 0.11 acre lot

Property Details

1 story
1 full
1920
Listing Description

Investor opportunity in Pontiac! This tenant-occupied 2-bedroom, 1-bath ranch offers an established rental property with potential for future improvements. Features include a functional floor plan, small basement, and fenced backyard. Recent improvements include a new water heater, PEX plumbing installed in 2017, a new sewer line to the exterior in 2018, and new gutters in 2025.

Currently rented on a month-to-month basis, with the tenant remaining in place at closing. Property is being sold as-is. Conveniently located near shopping, transportation, and everyday amenities. Minimum 24-hour notice required for all showings. Schedule your appointment today! ****Please contact Marzen Baldonado with any questions or to schedule an appointment.****

Monthly Cost Estimate

$465/mo

20% down · 6.5% · 30 years

Principal$63
Interest$377
Insurance$25

Estimates only. Actual payments may vary.

Location

940 Melrose Street

Pontiac, MI 48340

Newton Estate

Features & Amenities

Interior Features

Furnished - Yes

Exterior Features

Fenced

Property Details

Construction

Aluminum

Heating

Forced Air

Appliances

DryerElectric CooktopFree-Standing RefrigeratorMicrowaveWasher

Questions & Answers

This 2-bedroom, 1-bathroom single family at 940 Melrose Street is listed at $87,000 ($128/sqft). The estimated monthly payment is $465 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.11 acre lot. Interior Features: Furnished - Yes. Exterior Features: Fenced.

This property is listed by Donna Eller.

DE

Donna Eller

Agent at KW Domain Birmingham

Listed by KW Domain Birmingham · Broker phone: (248) 590-0800 · View on Broker Site

MLS# 20261085670· Source: Realcomp Limited II· 10 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

940 Melrose Street, Pontiac, MI 48340

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