Pontiac, MI 48341,27 PALMER ST
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Pontiac, MI 48341,27 PALMER ST
Pontiac, MI 48341,27 PALMER ST
Pontiac, MI 48341,27 PALMER ST
Pontiac, MI 48341,27 PALMER ST

$350,000

Est. payment /mo
Est.Price: ?

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27 PALMER ST Pontiac, MI 48341

4 Baths

3,425 SqFt

SOLD DATE : 03/22/2024

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Sold

Purchase Type For Sale

Square Footage 3,425 sqft

Price per Sqft $110

Subdivision Forest Lawn Add

MLS Listing ID 20240011456

Style Colonial

Full Baths 4

Year Built 1931

Lot Size 3,920 Sqft

Property Sub-Type MultiFamily

Property Description

*Multiple offers received*
Highest & best offers are due by 8 am on Monday 03/04/2024. Discover the perfect blend of historical charm and modern sophistication with this meticulously renovated 4-unit multifamily home, situated in the heart of Pontiac's prestigious Franklin Boulevard Historic District. This exceptional property represents a rare investment opportunity. Each of the four units, approximately 700 sqft each have been updated with luxurious finishes including durable laminate flooring, elegant granite countertops, and sophisticated marble tiling in the bathrooms. The inclusion of all new appliances in each unit adds significant value, ensuring convenience and efficiency for everyday living. Additionally, the basement features four brand new furnaces, water heaters, and electrical panels, representing a major upgrade to the property's infrastructure for safety and functionality.

An attractive aspect of this investment is the potential for each unit to bring in approximately $1,300 in rent monthly, offering a strong income stream for the prospective owner. This projected rental income underscores the property's significant investment potential, bolstered by its prime location, luxurious updates, and modern amenities. Don't miss this rare opportunity to own or invest in a piece of Pontiac's history with all the modern upgrades, providing an unmatched value and potential for any investor.

Location

State MI

County Oakland

Area Area02142Pontiac

Interior

Heating ForcedAir, NaturalGas

Exterior

Pool None

View Y/N No

Building

Foundation Basement, Block

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Pontiac

School District Pontiac

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Christopher Hubel of Good Company
Bought with Good Company
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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