Pontiac, MI 48342,51 S FRANCIS AVE
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Pontiac, MI 48342,51 S FRANCIS AVE
Pontiac, MI 48342,51 S FRANCIS AVE
Pontiac, MI 48342,51 S FRANCIS AVE
Pontiac, MI 48342,51 S FRANCIS AVE

$375,000

Est. payment /mo
Est.Price: ?

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51 S FRANCIS AVE Pontiac, MI 48342

4 Baths

3,652 SqFt

SOLD DATE : 05/28/2024

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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Realcomp MLS
Listed by Herman Bishop of 4Houses Realty, LLC
Bought with Keller Williams Somerset
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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