$1,160,000

9470 Pontiac Lake Road, White Lake, MI 48386

  • 15 baths |
  • 2,700 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon1.72acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $430/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND PRE-APPROVAL BEFORE REQUESTING A SHOWING.

Listing Status:
Active
Date Added:
February 16, 2024 at 06:00AM
Listing Office:
365 REALTY : 248-669-7400
Listing Agent:
Andrew Dado : 248-986-9371
MLS ID:
60288369
  • Heating: Baseboard
  • Style: Colonial
  • General: Wood SidingOneSlab
  • Originating MLS: MiRealSource
  • School District: Waterford School District
  • County: Oakland
  • Zoning: T3NR8ESEC 14 PART OF SW 1/4 OF NE 1/4 BEG AT PT DIST N 00-16-50 E 310.60 FT FROM CEN OF SECTH S 81-57-40 E 150 FTTH N 00-16-50 E 500 FTTH N 81-57-40 W 150 FTTH S 00-16-50 W 500 FT TO BEG 1.72 A Y208A
  • Water: Private Well
  • Sewer: Septic Tank
  • Source: MiRealSource

This listing courtesy of Andrew Dado, 365 REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Oxbow Elementary School

100 Oxbow Lake Rd, White Lake, MI, 48386

Grades EE-5

1.92 miles away

H

Harbor High School

1000 Hill Rd, White Lake, MI, 48383

Grades 8-12

3.36 miles away

H

Harbor High School

1000 Hill Rd, White Lake, MI, 48383

Grades 8-12

3.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.