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HamadyRobinson, REALTORS®
32 Augusta Avenue, Pontiac, MI 48341 1402
- $295,000
- 5
- BA
- 4,626
- SqFt
- Sold Price
- $295,000
- List Price
- $349,000
- Status
- CLOSED
- MLS#
- 60975918
- Days on Market
- 30
- Year Built
- 1924
- Closing Date
- Apr 24, 2026
- Bathrooms
- 5
- Acres
- 0.20
- Living Area
- 4,626
- Municipality
- Pontiac
- Region
- Pontiac
- Township
- Pontiac
- Subdivision
- Sanderson & Johnstons Add
Property Description
Fully Occupied 5-Unit Investment Property for Sale in Pontiac, MI Excellent investment opportunity in Pontiac! This reasonably maintained 5-unit multifamily building is fully occupied, providing immediate rental income. Each unit features 2 bedrooms and 1 bathroom (Except the attic unit, which has 1 bed/1 bath), offering comfortable layouts that appeal to long-term tenants. The property sits on a quiet block and includes a rear parking slab for tenant convenience. Major components - including the vinyl windows, roof, furnaces, and water heaters - are in great condition. Unit interiors vary in updates but are all well-kept. Seller financing is available with 25% down, and terms are negotiable, creating a flexible opportunity for investors. With solid occupancy and room for future value growth, this property is a strong addition to any portfolio.
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Additional Information
- Lot Dimensions
- 50 x 175 x 175
- Heating
- Forced Air
- Basement
- Yes
- Basement Description
- Block, Common
- Foundation
- Basement
- School District
- Pontiac City School District
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Listing Courtesy of Avenue Group Homes, LLC, Office Phone: 248-630-3099
Selling Office: LPS.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.