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$ 540,000
Est. payment | /mo
22,084 SqFt
$ 540,000
Est. payment | /mo
22,084 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 22,084 sqft
Price per Sqft $24
Subdivision Mi
MLS Listing ID 60932544
Annual Tax Amount $3,726
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions 120x140
Property Sub-Type Commercial/Industrial
Property Description
Incredible opportunity to own a 29 unit apartment building in Pontiac. This property has been completely gutted and is ready for your vision and construction. With brand new water lines already installed and all plans approved by the city, the project is set up for a smooth transition and the approved plans will be provided to the new buyer. The building offers massive potential for rental income and the ability to create long term generational wealth. Included in the sale is an additional lot directly across the street, adding even more value and future possibilities. Priced below appraised value, this is a rare chance to secure a large scale project with endless upside. Selling for under $95,000 appraised AS IS Value.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Residential
Interior
Heating Forced Air
Building
Foundation Basement
Water Other-See Remarks
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by ICON Realty Experts, LLC
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