About This Home
This 5-bedroom, 3-bathroom residential multi family at 20 Thorpe Street in Pontiac, MI is listed for $285,000 ($111 per sqft). Built in 1920, the home offers 2,568 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1920
- 0.14 acre lot
- 2 stories
- 3 parking spaces
Property Details
Looking for a high-performing multifamily rental to add to your real estate portfolio? This Triplex in Pontiac offers the ideal blend of stability, immediate return, and upside. Two of the three units are currently tenant occupied. With a current monthly rental income of $2,510 and a total monthly potential of $3,500 once fully occupied , this property is a true 'turnkey' solution for the busy investor.
The unit mix is one 3-bed and two 1-bed. Photos provided are from the vacant unit. Showings/inspections of the occupied units will be granted upon an accepted offer. Only the vacant unit can be seen before an accepted offer.
Monthly Cost Estimate
$1,524/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
20 Thorpe Street
Pontiac, MI 48341
Thompson & Stout Add
Property Details
Construction
Heating
Questions & Answers
This 5-bedroom, 3-bathroom residential multi family at 20 Thorpe Street is listed at $285,000 ($111/sqft). The estimated monthly payment is $1,524 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.14 acre lot, 2 stories, 3 parking spaces.
This property is listed by Joseph Hammel and can be reached at (248) 649-7200.
