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$250,000
Est. payment /mo
4 Baths
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20261002896
Year Built 1920
Annual Tax Amount $2,900
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions irregular
Source Realcomp
Property Description
Investment Opportunity in PontiacLocated 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
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Commercial,Multi-Family
Direction Martin Luther King to Osmun
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Vinyl Siding
Schools
School District Pontiac
Others
Tax ID 1433210065
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Social House Real Estate Group LLC
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