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98 S EDITH Street Pontiac, MI 48342
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Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,804 sqft
Price per Sqft $64
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 2210029039
Sold Date 05/21/21
Year Built 1930
Annual Tax Amount $5,176
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 135x120
Source Realcomp
Property Description
Great investment opportunity! 10 Unit brick apartment building in good location, always full ....6 one bedroom units at $495 mo. and 4 studios at $450 mo. (rents could be higher). Tremendous return on investment in 15% range! Great set up with 10 separate gas and electric meters. Large lot with plenty of parking. All units in average condition with some wear and tear, most have hardwood floors and some ceramic tile. Most windows are updated to vinyl. All plumbing and electrical updated 10 years ago. Efficient hot water heat, 4 of them replaced about 4 yrs ago. One unit being remodeled currently will be occupied by closing. Large triple lot ! Well kept exterior and neighbors.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Commercial,Multiple,Resid
Direction west on Auburn Rd off Opdyke to north on Edith
Rooms
Basement Basement
Interior
Heating Hot Water
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Block
Sewer Public
Water Public
Structure Type Brick
Schools
School District Pontiac
Others
Tax ID 1428481022
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