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$540,000
Est. payment /mo
29 Baths
20,175 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Pending
Purchase Type For Sale
Square Footage 20,175 sqft
Price per Sqft $26
Subdivision Grand View- Pontiac
MLS Listing ID 20251032204
Style UpperLowerApartment
Full Baths 29
Year Built 1930
Property Sub-Type MultiFamily
Property Description
Incredible opportunity to own a 29 unit multifamily building in Pontiac. This property has been completely gutted and is ready for your vision and construction. With brand new water lines already installed and all plans approved by the city, the project is set up for a smooth transition and the approved plans will be provided to the new buyer. The building offers massive potential for rental income and the ability to create long term generational wealth. Included in the sale is an additional lot directly across the street, adding even more value and future possibilities. Priced below appraised value, this is a rare chance to secure a large scale project with endless upside. Selling for under $95,000 appraised AS IS Value. (All showings will be accompanied by the listing agent, open tours will be available, for all people to come and see the property.)
Location
State MI
County Oakland
Area Area02142Pontiac
Rooms
Basement Full, Unfinished
Interior
Heating ForcedAir, NaturalGas
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Basement, Block, BrickMortar
Sewer PublicSewer
Water Other
Schools
School District Pontiac
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Amer Bally of ICON Realty Experts, LLC
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761
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