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156 Mark Avenue
Pontiac, MI 48341
N/A Beds
3 Baths
1,854 Sq Ft
0.14 ac Acres
1931 Year Built
4 Days on homefello
$279,900
Est. $1,844/mo
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About This Property
Fantastic investment opportunity with this solid brick triplex in Pontiac, conveniently located near Telegraph and Elizabeth Lake Rd. The property includes two spacious 2-bedroom units, one currently occupied by Section 8 tenant paying $1,207 per month and the other unit is vacant with the previous tenant paying $1,250 per month. The third unit is a vacant basement studio with egress, offering an estimated rental potential of $750 per month. With all three units rented, the property has the potential to generate approximately $3,207 in monthly income, delivering an attractive projected cap rate of 11%. Additional features include a two-car garage for added tenant convenience. Showings are only for top unit and studio unit in basement
Listed by: Michael Cash (269) 365-3320 National Realty Centers, Inc
Source: MiRealSource MLS#: 61013017
Key Features
Finished basement with additional living space
Private patio/deck for outdoor entertaining
Inside the Home
3 full bathrooms
Includes gas water heater
1,854 sq ft of living space
Finished
Comfort & Climate
Baseboard, Hot Water, Natural Gas
Natural Gas Available
Outdoor Features
Porch
Balcony
Property Overview
Lot size: 0.1400 acres
Built in 1931
2 stories
2 Story architecture
Multi-Family
Zoning: Residential
Annual taxes: $3,159
Utilities
Water: Public
Construction
Brick
Community
Subdivision: Bagley & Manns
Oakland County
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From: 156 Mark Avenue, Pontiac 48341
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