SQUARE FEET4,804
MLS#20261008827
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONCitizens Dev Co Add
SCHOOLPontiac
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 including; new flooring, kitchens, bathrooms, and wall furnaces. The building has brand new PEX plumbing throughout, 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. The one un-renovated unit has a long term section 8 tenant in place paying $975/month. 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 This building just needs a new owner ready to place tenants and bring in all the cash flow. Reach out before it's gone!
Property Features
Property Type: Commercial - Business
Lot Size: 0.34 Acres
Year Built: 1930
Feature Descriptions
Days on Site: 96
Exterior: Brick
Foundation: Basement
Frontage Feet: 125
Lot Dimensions: 0.34 Acre(s)
Road Frontage: Paved
Summer Tax: $7038.0000
Water Heater: Natural Gas
Winter Tax: $269.0000
Year Remoldeled: 2026
Local Schools
School District: Pontiac
Listed By / Shown By
Listed By
Agency Name: Keller Williams Paint Creek
Agency Phone: (248) 609-8000
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
98 S Edith Street | MLS# 20261008827
This commercial property located at 98 S Edith Street, Pontiac, MI 48342 is currently listed for sale with an asking price of $700,000. S Edith Street is located within the Pontiac school district. Search Pontiac real estate on www.ikeyrealty.com today.