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98 S Edith

Pontiac, MI 48342
  • $700,000
  • STATUS: Active
  • ON SITE: 176 Days
  • MLS #: 20261009434
UPDATED: 54 min ago
$700,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 11
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $140
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:

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

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[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T14:54:54.597.
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98 S Edith Pontiac, MI 48342

  • Price: $700,000
  • Status: Active
  • On Site: 176 Days
  • Updated: 54 min ago
  • MLS #: 20261009434
0
Beds
11
Baths
0
½ Baths
0.34
Acres
5,000
SQFT
$140
$/SQFT
1930
Built
Neighborhood:
Citizens Dev Co Add
County:
Oakland
Area:
Pontiac (63142)
School District:
Pontiac City School District
Property 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
Exterior Features

Exterior Construction Brick Foundation Type Basement Frontage 125 Lot Size 125x120 Roads Paved Street Structure Style 2 Story Waterfront YN No

Interior Features

Basement Type BlockPartially Finished Basement YN No Fireplace YN No Fuel Type Natural Gas Water Heater Gas

Property Features

Community Amenities Laundry Facility Financial Terms CashConventionalExchange/Trade For Sale Or Rent For Sale Lease Information Water Included Lease YN Yes Municipality Pontiac Municipality Type City Net Operating Income 82500 Property Type Multi-Family SEV 129340 Subject To Short Sale Approval No Summer Tax Amount 7038 Taxable Value 128340 Total Expenses 40200 Total Tax Amount 7307 Unit2 Rent Rate 975 Winter Tax Amount 269 Zoning Multi-Family

Listing courtesy of Keller Williams Paint Creek : 248-609-8000.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2026-08-11T14:54:54.597.
 
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The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507