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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 1,160,000

Est. payment -/mo

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Active

9470 PONTIAC LAKE Road White Lake Twp, MI 48386

11 Beds

14.5 Baths

2,700 SqFt

UPDATED:

05/29/2024 06:14 PM

Key Details

Property Type Multi-Family

Sub Type Colonial

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $429

MLS Listing ID 20240009340

Style Colonial

Bedrooms 11

Full Baths 14

Half Baths 1

Originating Board Realcomp II Ltd

Year Built 1965

Annual Tax Amount $15,019

Lot Size 1.720 Acres

Acres 1.72

Lot Dimensions 149X533

Property Description

ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL ME FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND ME PRE-APPROVAL BEFORE REQUESTING A SHOWING.

Location

State MI

County Oakland

Area White Lake Twp

Zoning Commercial

Direction M59 TO FISK ROAD LEFT ON PONTIAC LAKE ROAD.

Interior

Heating Baseboard

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Pool No

Waterfront no

Roof Type Asphalt

Road Frontage Dirt

Garage yes

Building

Foundation Slab

Sewer Septic Tank (Existing)

Water Well (Existing)

Architectural Style Colonial

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry,Wood

Schools

School District Waterford

Others

Pets Allowed No

Tax ID 1214253001

Ownership Short Sale - No,Private Owned

Assessment Amount $847

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by 365 REALTY

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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