$375,000
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51 S FRANCIS AVE Pontiac, MI 48342
4 Baths
3,652 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 3,652 sqft
Price per Sqft $95
Subdivision Citizen'S Development Co Add
MLS Listing ID 20240018890
Style CommonEntryBuilding,Quadruplex
Full Baths 4
Year Built 1930
Lot Size 5,227 Sqft
Property Sub-Type MultiFamily
Property Description
Welcome to 51 S Francis St. This is an Exceptional Investment Opportunity - Turnkey Fourplex in Oakland County. We present a rare investment opportunity in the heart of Pontiac, Michigan - a well-maintained fourplex residential apartment building with four units ready to lease. All four units have been totally updated and remodeled and ready for occupancy. This building is the perfect opportunity for a cash flow investor, or a potential Air BnB/ Short Term Rental being located within a few miles from the downtown Pontiac area. The fourplex represents four identical two bed one bath units that rent for $1500/month, potentially producing $6000.00/month or $72,000/year in gross income. The Building also offers a paved parking lot right next to the building. The building is well located as it's minutes from downtown and the Oakland County's Sheriff's Department. .
Location
State MI
County Oakland
Area Area02142Pontiac
Interior
Heating ForcedAir, NaturalGas
Exterior
Parking Features ParkingLot
Pool None
View Y/N No
Building
Foundation Basement, BrickMortar
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Pontiac
School District Pontiac
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Bought with Keller Williams Somerset






