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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
1/8

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:

Seaver Title Agency is a full service title agency providing comprehensive services to companies and individuals involved in real estate transactions.
 

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