UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality Pontiac City
MLS Listing ID 26001921
Year Built 1910
Annual Tax Amount $1,687
Tax Year 2025
Lot Size 6,011 Sqft
Acres 0.14
Lot Dimensions 40.00 x 150.00
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors.
The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details.
Don't miss the chance to unlock the potential of this income-producing property.
Location
State MI
County Oakland
Area Oakland County - 70
Direction South BLVD OR MLK to Ferry
Rooms
Basement Full
Interior
Heating Forced Air
Exterior
Utilities Available Natural Gas Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Tile
Total Parking Spaces 6
Building
Structure Type Aluminum Siding
New Construction No
Schools
School District Pontiac
Others
Tax ID 14-33-451-034
Acceptable Financing Cash, Conventional, Contract
Listing Terms Cash, Conventional, Contract
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