$$$ Off Market Multi Family Opportunity in Pontiac MI $$$

Oakland County, Pontiac, MI, 48342
Sold
Listed at: November 15th, 2022
Price
$90,000
ARV
$400,000
Gross Margin
$310,000
Sq. Footage
4452
Type
Multifamily
Parking
Garage
Year build
1925
Lot size
5140.00 sqft
Bedrooms
6
Bathrooms
5.5
Half Bathrooms
0
Summary

158 Summit St Pontiac MI 48342



SHOWINGS AVAILABLE MON 11/21 - TUE 11/22

OFFER DEADLINE WED 11/23



Off Market Brick Multi Family


Unit Breakdown:

⁃ One 2 Bed / 1.5 Bath

⁃ Three 1 Bed / 1 Bath

⁃ Three additional single rooms that share a common space/bathroom. Can be converted into another 2 bedroom


4,452 SqFt

Year Built: 1925

2 Stories + basement

4 Car Garage

New Roof (2022)


Property has been vacant for years and will need a full rehab.


Pictures: https://www.dropbox.com/sh/fgcjsyktjxn0kmu/AACdM-PSloZQnzcsTw72KTtIa?dl=0


Rent Estimates (Per Rentometer):

1 Bed: $850-$950/mo

2 Bed: $1,000-$1,200/mo

3 Bed: $1,200 +


Potential Gross Income Est: $4,500-$5,000/mo


Asking: $109,000

(*Assignment, $2,500 EMD, Showing requests with offer & proof of funds will be given priority)

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brandon Woodbeck

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Disposition manager