63 Williams St, Pontiac, MI 48341

$349,000
5
BA
3,250
SqFt

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List Price
$349,000
MLS#
20261057421
Status
ACTIVE
Bathrooms
5
Subdivision
ASSRS 112 - CITY OF PONTIAC

Property Description

Don't miss this excellent value-add multi-unit investment in a convenient Historic District Pontiac location. This city-certified 5-unit apartment building features five 2-bedroom, 1-bath units, with four recently updated units and a fifth basement unit ready for renovation—offering immediate upside and additional income potential. The property is located on a desirable block with rear parking, a history of low vacancy, and room for future rent growth. Water is included in the current rents, and small pets are permitted, helping attract and retain quality tenants. With a strong rental demand in the area and the opportunity to increase cash flow through the remaining rehab and future rent adjustments, this property is an excellent addition to any investor's portfolio. To protect tenant privacy, showings with accepted offers only. Property management services are available for buyers. Financials are projected based on market rent adjustments. BATVAI.

Additional Information

Year Built
1930
Basement Type
Common, Full, Unfinished
Acres
0.12
Style
Common Entry Building
Acres
0.12
School District
Pontiac
Heating
Forced Air, Natural Gas
Garage Description
Parking Lot

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Courtesy of Avenue Group Homes, LLC 2486303099