MLS Public Remarks  ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. 9/10 APT UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 5 STUDIO UNITS AND HOUSE ARE RENOVATED. APT 2 UNDER REMODEL. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL ME FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND ME PRE-APPROVAL BEFORE REQUESTING A SHOWING.

http://www.www.realestateone.com.com/20240009340

AGENT/COMPANY DETAILS  

LOCATION  

Township  White Lake Twp

Directions  M59 TO FISK ROAD LEFT ON PONTIAC LAKE ROAD.

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  2,700

Price/SqFt  $430

Unfinished SqFt  0

Above Grade Finished SqFt  2,700

CDOM  83

Sub Property Type  Multifamily

Year Built  1965

Days on Market  83

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $1200000

Net Taxes  $15019

Acreage  1.72

Taxes  -

Tax Year  -

Summer Taxes  $10954

School District  Waterford

Winter Taxes  $4065

LOT DESCRIPTION  

Lower Level Square Footage  0

Waterview  N

Number of Units  11

Waterfront  N

For Lease/Rent  N

Est. Total Acres  1.72

Lot Dimensions  149X533

WaterFrontage   0

INTERIOR FEATURES  

Heating  Baseboard, Natural Gas

Water  Well (Existing)

Basement  N

Body of Water  Pontiac Lake

Heating  Baseboard, Natural Gas

EXTERIOR FEATURES  

Garage  0.0

Architecture  1 Story

Sewer  Septic Tank (Existing)

Home Style  Colonial

Possession  At Close

Exterior Materials  Block/Concrete/Masonry, Wood

DETAILS  

Status Change Date  02/16/2024

Listing Date  02/16/2024

Internet/IDX  Y

Named Exceptions  N

LISTING OFFICE DETAILS  

Listing Office   365 Realty

Office Address   3160 Haggerty Road Suite P

Listing Number   20240009340

THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Listings last updated: Saturday, May 11, 2024. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Service. Real Estate listings held by brokerage firms other than Real Estate One include the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.