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$375,000 For Sale

805 Saint Clair Street
Pontiac, MI 48340

20 units |
4,800 sq ft

Commercial: Commercial - MLS# 216040800
Property Photo
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Description

GREAT INCOME PROPERTY! COMPLETELY RENOVATED GROUP HOME WITH GROUP HOME LICENSE, CURRENTLY WITH TENANTS. IS WITH MONTHLY INCOME OF 8,000. 20 ROOMS, PRIVATE ROOMS, COMPLETELY RENOVATED IN 09, NEW PLUMBING, ELEC, DRY WALL, PAINT, CARPETING, KITCHEN, BATH, ROOF, AND NEW HEAT. SELLER SAYS "BRING OFFERS"!! GAS GENERATOR INCLUDED. LAND CONTRACT TERMS AVAILABLE.

Features

  • Listing Status: Active
  • Lot Dimensions: 45X100
  • Sq.Ft.: 4800
  • Sub Type: Commercial
  • Units: 20
  • Year Built: 1920
  • Zip Code: 48340
  • Zoning: Commercial
  • Sewer: Sewer-Sanitary
  • School District: Pontiac
  • Roof Material: Asphalt
  • Road Frontage Type: Paved
  • Railroad YN: 1
  • Property Type: Commercial
  • Plant Heating: Baseboard
  • Percent Leased: 60
  • Ownership Status: Private Owned, Short Sale - No
  • Sqft Main: 4800
  • Sqft Source: Owner
  • Year Remodeled: 2010
  • Water Source: Municipal Water
  • Water Heater Fuel: Natural Gas
  • Unit One Bed Number Of: 20
  • Subdivision/Neighborhood: Civic Improvement Co's Marquette Sub
  • Subdivision: Civic Improvement Co's Marquette Sub
  • Originating MLS: Realcomp Ii Ltd
  • Operating Expense: 17500.00
  • Office Heating: Forced Air
  • Foundation Materials: Poured
  • Foundation Details: Basement
  • Distance To Rail: 5
  • Distance To Interstate: 5
  • Distance To Airport: 5
  • County/Area: Oakland County
  • Construction Materials: Aluminum
  • Commercial Utilities: De-Humidifier, Security Alarm, Smoke Alarm
  • Commercial Type: Apartments
  • Architecture Level: 2 Story
  • Frontage Feet: 45
  • Gross Scheduled Income: 96000.00
  • Net Operating Income: 78500.00
  • Monthly Sales: 8000
  • Listing Financing: Cash, Conventional, Land Contract
  • Inventory List YN: 1
  • Inventory Included YN: 1
  • Interstate YN: 1
  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Forced Air
  • Airport YN: 1

Courtesy of:

agent photo
Wilhelm & Associates Realtors
6485 Dixie Hwy.
Clarkston, MI 48346
(248) 625-9500

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Your Clarkston Realtors   l   Wilhelm & Associates Realtors   l   6485 Dixie Hwy, Clarkston, MI 48346   l   (248) 625-9500

Wilhelm & Associates Realtors is the largest independent real estate company in Michigan. We dominate the real estate market in Oakland County. View Michigan homes for sale in Clarkston, Waterford, Birmingham, Bloomfield Twp., Commerce, White Lake, and many more. Visit any of our sources to find Michigan Real Estate including vacant land, waterfront homes, commercial real estate in Michigan and other residential Michigan homes for sale.