Northern Pine Efficiencies
566 East Columbia Avenue
Pontiac, MI 48340
FOR SALE
Property Type:
MultiFamily ApartmentsAmount:
$799,000
Last Verified:
Feb 11, 2025Daily Email Blast
0 times
Highlights
- 11 Unit Studio Apartment For Sale in North Pontiac (48340 Zip). Located 3 Miles from Great Lakes Crossing Mall, FANUC Campus and Amazon Fulfillment Center
- Rental Income: ~$94,000. Landlord Pays for All the Utilities, Taxes, and Insurance. Current NOI: ~$64,000 with the Ability to Raise Rents Closer to Market.
- Laundry Machine Revenue Generates $1,000 / year.
- Fully Renovated Studios with No Deferred Maintenance. Each Unit Private Entry, Kitchen, and Bath.
- In Very High Demand – Strong Rental Appeal. 9 of 11 Tenants Has Been Living Here for 3+ Years
- Private Off-Street Parking
- Detached 3-Car Garage
Description
11 Units, 100% Occupied, $799,000
11 Unit Multifamily Pontiac
Building Size: 3603sq ft
Lot Size: 0 acres