MI > Oakland > Pontiac > 144 Summit St

For Sale Pending

144 Summit St Map / directions

Pontiac, MI

48342 Market info

  • 3 Units
  • 2,354 SqFt
  • MLS# 2210010811
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Portrait of Paul Habba
Listed by Paul Habba

248-535-7900

Business Broker One

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Great Investment Opportunity! This 3-Plex property is priced to sell and currently at 100% occupancy! This 3-Plex offers (1) 3 bedroom unit and (2) 1 bedroom units. This 3-Plex also offers a common/shared basement. Located on 2 parcels, this 3-Plex has plenty of outside yard space and a large parking area. Rent currently includes gas, electric and water. A buyer can easily increase Net Income by having tenants pay their own utilities. Each unit is separately metered. Currently priced at a 7% CAP with the potential to increase to a 13% CAP by enforcing tenants to pay their own utilities. Currently, leases are all month to month. Don't miss out, this property is very desirable!

Property Information

Status
Pending 
Address
144 Summit St 
City
Pontiac 
Zip
48342 
Year Built
1920 
Style
Colonial 
Possession
Subject To Tena 
Architecture
2 Story 
Listing Date
02/16/2021 
Subdivision
Drexel Heights Add 
County
Oakland 
Above Grade SqFt
2,354 
Total No of Units

School Information

School District
Pontiac 

Taxes

Summer Taxes
$1,181 
Winter Taxes
$229 

Rooms and Land

Lot Dimensions
40.00X130.00 
Total Acres
0.12 

Features

Style
Colonial 
Basement
Common 
Heating
Forced Air, Natural Gas, Zoned 

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  • Market Statistics
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  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2210010811 Pending Active Feb 27 2021 3:10PM 10
2210010811 Active Feb 18 2021 2:48PM $139,950 10
School Information
Local Business

Learn More About This Listing

Portrait of Paul Habba
Listed by Paul Habba

248-535-7900

Business Broker One

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

Real Estate One logo

Listing Courtesy of Real Estate One
Office Address 6960 Orchard Lake Rd.

Real Estate One Family of Companies

144 Summit St Pontiac
Contact us
$139,950
For Sale • No. of Units: 3