63 Williams Street, Pontiac, MI 48341 1759
- $349,000
- 6
- BA
- 3,900
- SqFt
- List Price
- $349,000
- Status
- ACTIVE
- MLS#
- 61015240
- Year Built
- 1930
- Bathrooms
- 6
- Acres
- 0.12
- Living Area
- 3,900
- Municipality
- Pontiac
- Region
- Pontiac
- Township
- Pontiac
- Subdivision
- Assrs 112 - City Of Pontiac
Property Description
Don't miss this excellent value-add multi-unit investment in a convenient Historic District Pontiac location. This city-certified 6-unit apartment building features six 2-bedroom, 1-bath units, with five recently updated units and a sixth basement unit ready for renovation--offering immediate upside and additional income potential. The property is located on a desirable block with rear parking, a history of low vacancy, and room for future rent growth. Water is included in the current rents, and small pets are permitted, helping attract and retain quality tenants. With a strong rental demand in the area and the opportunity to increase cash flow through the remaining rehab and future rent adjustments, this property is an excellent addition to any investor's portfolio. Property management services are available for buyers. Financials are projected based on market rent adjustments. BATVAI
Additional Information
- Lot Dimensions
- 120 x 75 x 110
- Heating
- Forced Air
- Basement
- Yes
- Basement Description
- Block, Common
- Foundation
- Basement
- Water
- Public
- School District
- Pontiac City School District
Mortgage Calculator
Listing Courtesy of Avenue Group Homes, LLC, Office Phone: 248-630-3099
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.