Pontiac Homes with 1031 Exchange Financial terms

Pontiac Homes with 1031 Exchange Financial terms

Welcome to Pontiac, Michigan—a vibrant city nestled in the heart of Oakland County. Known for its rich history and diverse community, Pontiac offers a unique blend of urban convenience and suburban charm. With its convenient location just a short drive from Detroit, residents enjoy easy access to a plethora of cultural, recreational, and dining options, making it an ideal place to call home.

Pontiac is characterized by its beautiful neighborhoods, featuring a variety of architectural styles, from historic homes to modern builds. The city is committed to revitalization, with ongoing developments that enhance its livability and community spirit. Whether you’re looking for a cozy bungalow or a spacious family home, Pontiac has something to suit every taste and budget.

For savvy investors, Pontiac presents a fantastic opportunity, especially when considering the benefits of 1031 Exchange financial terms. This tax-deferment strategy allows property owners to sell an investment property and reinvest the proceeds into a new property, all while deferring capital gains taxes. It's an excellent way to maximize your real estate portfolio while benefiting from Pontiac’s growing market.

With its welcoming neighborhoods, rich cultural heritage, and promising investment opportunities, Pontiac is not just a place to live—it's a place to thrive. Explore the possibilities that await you in this dynamic city, where your dream home and financial goals can become a reality. Whether you’re a first-time buyer or an experienced investor, Pontiac is ready to welcome you with open arms.

Newest Pontiac Homes with 1031 Exchange Financial terms

$124,995
ACTIVE Status 2 Beds 1 Baths 61016282 MLS
Welcome Home. The property is currently vacant and ready for show time. This ranch 2 bedroom ranch has a large 2 car detached garage and a walk up basement. The bonus room in the back of home can be converted into a large bedroom making it a true 3 bedroom home. All appliances stay. six properties in Pontiac that are being sold as a package or can be bought individually. There is plenty of upside to increase rents. Right now they are all way below market value. Properties are currently tenant occupied. There will be no showing until there is an accepted offer. 1. 643 E. Mansfield Pontiac, Michigan. property is worth anywhere from $125,000-$140,000. Monthly rent is $750 and the yearly taxes are $900 2. 18 S. Eastway Pontiac, Michigan property is worth anywhere from $170,000 to $185,000 monthly rent is $750 and the year taxes are $810 3. 29 W. Rutgers Pontiac, Michigan property is worth anywhere from $140,000-$150,000 the yearly taxes are. $1230 4. 82 Earlmoor Blvd., Pontiac, properties worth anywhere from $130,000-$150,000 monthly rent is $700 and the yearly taxes are $790 5. 300 E Princeton Pontiac, property is worth anywhere from $140,000-$160,000 monthly rent is $945 and the yearly taxes are $1200 6. 647 E. Mansfield Pontiac, properties worth anywhere from $110,000-$130,000 monthly rent is $1000 and the yearly taxes are $730 possible air b n b investment property with tremendous upside also flip opportunity

29 W Rutgers Avenue, Pontiac

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505

$250,000
ACTIVE Status 4 Beds 2 Baths 60976875 MLS
Welcome to this beautiful spacious and versatile 4-bedroom, 2 full-bath home offering incredible value! Featuring two full kitchens, this property provides flexible living options perfect for extended family, multi-generational living, or potential rental opportunities. The full basement adds even more usable space for storage, entertaining, or future finishing. Outside, you'll find a 2.5-car detached garage with full power and a generously sized yard, ideal for additional parking, hobbies, or outdoor gatherings. Conveniently located near Downtown Pontiac, Great Lakes Crossing, restaurants, M-59, and I-75 a, this home combines space, functionality, and affordability all in one. Don't miss this unique opportunity schedule your showing today! Home warranty included for 1 year worry free maintenance. DSCR loans, Creative financing. Land contract terms are available with $75,000 down payment at 7% interest with a monthly payment of $1904.72 over the course of 11 years with no pre-payment penalty. One year home warranty included for maintenance free living. This property qualifies for all of these incentives 0-3% Down Payment - Making homeownership more accessible. No PMI (Private Mortgage Insurance) = Lower monthly payments. $3,500-$10,500 in Down Payment Grants that are fully forgiven after 5 total but 20% after each year. NOTE: PLEASE SEE CAP CALCULATOR IN THE LAST 4 PHOTOS THAT SHOWS THE POTENTIAL

398 N Saginaw Street, Pontiac

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505

$250,000
ACTIVE Status 2 Baths 60976670 MLS
Turnkey 2-unit income property capable of producing a 10% + cap rate in the heart of Pontiac! The return on investment (ROI) makes this building profitable. This well-laid-out up and down flat features two separate units furnished, each offering 2 bedrooms and 1 full bath, providing excellent rental potential and strong cash-flow opportunity. Ideal for buy-and-hold investors or owner-occupy whole property or house hack by living in one unit and leasing out the other to offset their mortgage. Possible Airbnb and or VRBO venture for income versatility. Each unit includes its own kitchen and living space, creating functional, desirable layouts for tenants. A full basement adds additional storage potential, and the 2.5-car detached garage provides valuable parking and utility a major tenant bonus. This property presents an attractive entry point pricing for investors looking to expand their portfolio in a high-demand rental area. Conveniently located near Downtown Pontiac, I-75, M-59, Great Lakes Mall, local amenities and restaurants. Secure a multi-unit property with built-in income potential. DSCR loans, Creative financing. Land contract terms are available with $75,000 down payment at 7% interest with a monthly payment of $1904.72 over the course of 11 years with no pre-payment penalty. One year home warranty included for maintenance free living. This property qualifies for all of these incentives 0-3% Down Payment - Making homeownership more accessible. No PMI (Private Mortgage Insurance) = Lower monthly payments. $3,500-$10,500 in Down Payment Grants that are fully forgiven after 5 total but 20% after each year. NOTE: PLEASE SEE CAP CALCULATOR IN THE LAST 4 PHOTOS THAT SHOWS THE POTENTIAL

398 N Saginaw Street, Pontiac

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505

$115,000
ACTIVE Status 2 Beds 1 Baths 60972455 MLS
six properties in Pontiac that are being sold as a package or can be bought individually. There is plenty of upside to increase rents. Right now they are all way below market value. These properties are currently tenant occupied. There will be no showing until there is an accepted offer. 1. 643 E. Mansfield Pontiac, Michigan. property is worth anywhere from $125,000-$140,000. Monthly rent is $750 and the yearly taxes are $900 2. ? 18 S. Eastway Pontiac, Michigan property is worth anywhere from $170,000 to $185,000 monthly rent is $750 and the year taxes are $810six properties in Pontiac that are being sold as a package or can be bought individually. There is plenty of upside to increase rents. Right now they are all way below market value. These properties are currently tenant occupied. There will be no showing until there is an accepted offer. 1. 643 E. Mansfield Pontiac, Michigan. property is worth anywhere from $125,000-$140,000. Monthly rent is $750 and the yearly taxes are $900 2. ? 18 S. Eastway Pontiac, Michigan property is worth anywhere from $170,000 to $185,000 monthly rent is $750 and the year taxes are $810 3. ? 29 W. Rutgers Pontiac, Michigan property is worth anywhere from $150,000-$170,000 monthly rent is $900 and the yearly taxes are. $1230 4. ? 82 Earlmoor Blvd., Pontiac, properties worth anywhere from $130,000-$150,000 monthly rent is $700 and the yearly taxes are $790 5. ?300 E Princeton Pontiac, property is worth anywhere from $140,000-$160,000 monthly rent is $945 and the yearly taxes are $1200 6. ? 647 E. Mansfield Pontiac, properties worth anywhere from $110,000-$130,000 monthly rent is $1000 and the yearly taxes are $730 possible airbnb investment property with tremendous upside also flip opportunity 3. ? 29 W. Rutgers Pontiac, Michigan property is worth anywhere from $150,000-$170,000 monthly rent is $900 and the yearly taxes are. $1230 4. ? 82 Earlmoor Blvd., Pontiac, properties worth anywhere from $130,000-$150,000 monthly rent is $700 and the yearly taxes are $790 5. ?300 E P

647 E Mansfield Avenue, Pontiac

Listing Courtesy of Brookstone, Realtors LLC, Office Phone: 248-963-0505

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