25 Maynard Court, Pontiac, MI 48342 2534

$1,950,000
12
BA
10,886
SqFt

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List Price
$1,950,000
Status
ACTIVE
MLS#
60994738
Year Built
1926
Bathrooms
12
Acres
0.49
Living Area
10,886
Municipality
Pontiac
Region
Pontiac
Township
Pontiac
Subdivision
Assessors Repart/Lots 11 /Asse

Property Description

Turnkey 100% Occupied Multi-Family Investment. This City Rental Certified property features an exceptional operational setup with individually metered utilities and dedicated natural gas furnaces for each unit delivering maximum efficiency and long term expense control. Each apartment offers a highly desirable townhouse-style layout with private entrances, private basements, individual egress, dedicated HVAC, laundry areas, and balconies that attract quality tenants and support strong leasing performance. Extensive improvements have been completed, including new roof in 2026 and freshly shingled porch overhangs. The property has been fully stabilized through strategic, proactive management. It is currently operating at 100% occupancy under government-backed housing programs, generating $227,100 in annual income, with significant built-in upside available through the completion of the remaining 4-bedroom unit build-outs. Located just 3 minutes from Downtown Pontiac and 9 minutes from Oakland University, the property is supported by a strong, diversified employment base spanning automotive, manufacturing, healthcare, logistics, and more.

Additional Information

Lot Dimensions
100 x 213
Foundation
Basement
Water
Public
School District
Pontiac City School District

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Listing Courtesy of Premier Realty Service LLC, Office Phone: 248-255-2474

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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.