$350,000
For more information regarding the value of a property, please contact us for a free consultation.
27 PALMER ST Pontiac, MI 48341
4 Baths
3,425 SqFt
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

©2025 Realcomp II Ltd. Shareholders
Bought with Good Company






