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Active
98 S Edith ST Pontiac, MI 48342
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $140
Subdivision Citizens Dev Co Add
MLS Listing ID 20261008827
Year Built 1930
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type BusinessandRealEstate
Property Description
Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated. The building has updated breaker boxes, and the roof was just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters.
Total Market Rent- $10,225 (One beds $975, Studios $875)
Utilities not paid by tenants - $740-840/month
Insurance - $525/month
Taxes - $7,300/year
Total Market Rent- $10,225 (One beds $975, Studios $875)
Utilities not paid by tenants - $740-840/month
Insurance - $525/month
Taxes - $7,300/year
Location
State MI
County Oakland
Area Area02142Pontiac
Interior
Heating Natural Gas, Wall Furnace
Fireplace No
Exterior
Parking Features ParkingLot
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer
Water Other
New Construction No
Schools
School District Pontiac
Others
Senior Community false
Acceptable Financing Cash, Conventional, Trade1031Exchange
Listing Terms Cash, Conventional, Trade1031Exchange
Special Listing Condition AgentOwned, ShortSaleNo
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Listed by Brett McKinney of Keller Williams Paint Creek