98 S Edith St, Pontiac, MI 48342

$700,000
11
BA
6,300
SqFt

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List Price
$700,000
MLS#
20261009434
Status
ACTIVE
Bathrooms
11
Subdivision
CITIZENS DEV CO ADD

Property Description

Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated. The building has updated breaker boxes, and the roof was just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters. Total Market Rent- $10,225 (One beds $975, Studios $875) Utilities not paid by tenants - $740-840/month Insurance - $525/month Taxes - $7,300/year

Additional Information

Year Built
1930
Basement Type
Partial
Acres
0.34
Style
Apartment
Acres
0.34
School District
Pontiac
Heating
Natural Gas, Wall Furnace
Garage Description
Parking Lot

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Courtesy of Keller Williams Paint Creek 2486098000