For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Property Type Multi-Family
Sub Type Colonial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,425 sqft
Price per Sqft $110
Subdivision Forest Lawn Add
MLS Listing ID 20240011456
Style Colonial
Bedrooms 4
Full Baths 4
Year Built 1931
Annual Tax Amount $2,755
Lot Size 3,920 Sqft
Property Sub-Type Colonial
Property Description
*Multiple offers received*
Highest & best offers are due by 8 am on Monday 03/04/2024. Discover the perfect blend of historical charm and modern sophistication with this meticulously renovated 4-unit multifamily home, situated in the heart of Pontiac's prestigious Franklin Boulevard Historic District. This exceptional property represents a rare investment opportunity. Each of the four units, approximately 700 sqft each have been updated with luxurious finishes including durable laminate flooring, elegant granite countertops, and sophisticated marble tiling in the bathrooms. The inclusion of all new appliances in each unit adds significant value, ensuring convenience and efficiency for everyday living. Additionally, the basement features four brand new furnaces, water heaters, and electrical panels, representing a major upgrade to the property's infrastructure for safety and functionality.
An attractive aspect of this investment is the potential for each unit to bring in approximately $1,300 in rent monthly, offering a strong income stream for the prospective owner. This projected rental income underscores the property's significant investment potential, bolstered by its prime location, luxurious updates, and modern amenities. Don't miss this rare opportunity to own or invest in a piece of Pontiac's history with all the modern upgrades, providing an unmatched value and potential for any investor.
Location
State MI
County Oakland
Area Pontiac
Zoning Multi-Family
Interior
Heating Forced Air
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Asbestos
Schools
School District Pontiac
Others
Assessment Amount $252
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

©2025 Realcomp II Ltd. Shareholders
Bought with Good Company