Wow, you don't want to miss this incredible opportunity! This 3-unit multifamily property offers the perfect chance to generate rental income while living in one unit if desired. The main floor features two one-bedroom units, and the upper level offers a two-bedroom unit. The property has seen several updates, and each unit includes its own designated storage area in the basement for added convenience. As an added bonus, the sale also includes the adjacent lot next door providing even more potential and value! (64-14-29-328-024)
Prime 23-Room Motel Investment Opportunity on Woodward Avenue An exceptional opportunity to own a profitable fully operational 23-room motel located directly on Woodward Avenue, offering 160 feet of road frontage and unmatched exposure on Woodward, one of Michigan's highest-traffic commercial corridors. Positioned on the border of Bloomfield Hills, this property benefits from premium surrounding demographics, high visibility, strong signage opportunities, and sits on a spacious half-acre lot in a desirable green-zone location. The motel generates impressive returns with an Actual NOI of $168,000, an 11 percent cap rate at the list price, and even stronger performance potential with flexible rental options that allow rooms to be rented by the day, week, or month. A Land Contract is available with $800,000 down, making this a rare and accessible investment opportunity for qualified buyers. The property has been thoughtfully updated with a newer roof, new water heaters, new in-unit heating and cooling systems, and brand-new electrical throughout. Rooms have been remodeled, fully furnished, and are ready for continuous occupancy. A clean, well-maintained parking lot offers generous parking options for guests and increases overall convenience and appeal. The location continues to stand out with close proximity to major destinations - only eight minutes from Carl's Golfland, five minutes from Trinity Health, close to the I-75 Freeway, and twenty minutes from Orchard Lake Village - ensuring a steady flow of traffic and demand.
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!
Courtesy: Thrive Realty Company
Justin Woodbeck
What an investment opportunity for the seasoned investor or the first time house hacker! This recreation park quadplex offers a strong rental projection across the 4 units. This multi-family is comprised of (one) 3-bed, (two) 1-beds and (one) Studio. With modest renovations this property offers over $3500/mo in gross rental income potential. The 3 bedroom unit is currently rented until the end of this month and the other units are immediately available for refreshing. Showings for the 3 bedroom unit will be upon an accepted offer only. Please do not approach or disturb the tenants.
What an investment opportunity for the seasoned investor or the first time house hacker! This recreation park quadplex offers a strong rental projection across the 4 units. This multi-family is comprised of (one) 3-bed, (two) 1-beds and (one) Studio. With modest renovations this property offers over $3500/mo in gross rental income potential. The 3 bedroom unit is currently rented until the end of this month and the other units are immediately available for refreshing. Showings for the 3 bedroom unit will be upon an accepted offer only. Please do not approach or disturb the tenants.
Courtesy: Vantage Realty Group, LLC
734-287-6619
Investor Special - Value-Add Triplex Opportunity! Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors. The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details. Don't miss the chance to unlock the potential of this income-producing property.
Investor Special - Value-Add Triplex Opportunity!Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors. The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details.Don't miss the chance to unlock the potential of this income-producing property.
Investment Opportunity in Pontiac Located at 389 Osmun Street, this multi-family property offers a solid investment opportunity with four one-bedroom units. The property is tenant occupied, and two of the four units participate in the Pontiac Lighthouse Program, a government-assisted housing program that provides consistent monthly rental payments. The building has been renovated, offering updated interiors and a new roof. With tenants currently in place, this property presents an opportunity for an investor seeking a stabilized asset in an established rental market. Conveniently situated near downtown Pontiac with access to major roads, shopping, and local amenities. Showings are subject to tenant rights. Pictures are of vacant lower Unit landlord in the process of finding new tenant. All units look the same just different in sizes. Please do not disturb tenants. Measurements are Estimated. BATVI. Inspection available with accepted
*MOTIVATED SELLER* Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.
Investor Opportunity! Welcome to this well-maintained brick duplex at 832 Huron St, Pontiac. Each unit offers 2 bedrooms, 1 full bath, spacious living and dining rooms, and a full kitchen. The shared basement provides plenty of storage, plus a 2-car garage for added convenience. Ideally located near shopping, dining, and entertainment, and just minutes from Downtown Pontiac's vibrant arts, culture, and dining scene. Both units are currently tenant-occupied with paying renters, making this property an excellent income generator from day one - or a great option for a buyer looking to live in one unit and rent out the other.
An amazing opportunity right here!!! 5.55 Acres Total!! There was a house previously on parcel 14-10-327-032 that was torn down and then that is when that parcel was was Rezoned to multi-family. The Back Parcel ID 14-10-327-031 also included in the sale, This parcel could possibly be rezoned as well to Multi Family. Prime area close to Freeways, Restaurants & Shopping!!
Pontiac is located in Michigan. Pontiac, Michigan has a population of 61,498. Pontiac is less family-centric than the surrounding county with 19.62% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Pontiac, Michigan is $36,214. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Pontiac is 33.2 years.
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 31.7 inches per year, with 35.4 inches of snow per year.
