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About This Home

This 11-bedroom, 11-bathroom residential multi family at 98 S Edith Street in Pontiac, MI is listed for $700,000 ($140 per sqft). Built in 1930, the home offers 5,000 sqft of living space on a 0.34 acres lot.

Agent 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

Key Features

  • Built in 1930
  • 0.34 acre lot
  • 2 stories
  • 13 parking spaces

Property Details

2 stories
11 full
13 spaces
1930

Monthly Cost Estimate

$3,744/mo

20% down · 6.5% · 30 years

Principal$506
Interest$3,033
Insurance$204

Estimates only. Actual payments may vary.

Location

98 S Edith Street

Pontiac, MI 48342

Citizens Dev Co Add

Features & Amenities

Interior Features

Circuit BreakersLaundry Facility

Property Details

Construction

Brick

Heating

Wall Furnace

Questions & Answers

This 11-bedroom, 11-bathroom residential multi family at 98 S Edith Street is listed at $700,000 ($140/sqft). The estimated monthly payment is $3,033 based on 20% down at 6.5% interest.

Key features include: Built in 1930, 0.34 acre lot, 2 stories, 13 parking spaces. Interior Features: Circuit Breakers, Laundry Facility.

This property is listed by Brett McKinney and can be reached at (248) 649-7200 or brett.mckinney@kw.com.

BM

Brett McKinney

Agent at Keller Williams Paint Creek

(248) 649-7200

Listed by Keller Williams Paint Creek · View on Broker Site

MLS# 20261009434· Source: listhub· Updated 106 days ago

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98 S Edith Street, Pontiac, MI 48342

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