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About This Home
This 0-bedroom, 0-bathroom commercial at 98 S Edith Street in Pontiac, MI is listed for $700,000 ($146 per sqft). Built in 1930, the home offers 4,804 sqft of living space on a 0.34 acres lot.
Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated including; new flooring, kitchens, bathrooms, and wall furnaces. The building has brand new PEX plumbing throughout, updated breaker boxes, and the roof was just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters. The one un-renovated unit has a long term section 8 tenant in place paying $975/month.
Total Market Rent- $10,225 (One beds $975, Studios $875) Utilities not paid by tenants - $740-840/month Insurance - $525/month Taxes - $7,300/year
This building just needs a new owner ready to place tenants and bring in all the cash flow. Reach out before it's gone!
Key Features
- Built in 1930
- 0.34 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,744/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
98 S Edith Street
Pontiac, MI 48342
Citizens Dev Co Add
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 98 S Edith Street is listed at $700,000 ($146/sqft). The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.
Key features include: Built in 1930, 0.34 acre lot, 2 stories.
This property is listed by Brett McKinney and can be reached at 2486497200 or brett.mckinney@kw.com.
