$250,000
Square Ft.
1,620
398 N Saginaw Street, Pontiac, MI 48342
Turnkey 2-unit income property capable of producing a 10% + cap rate in the heart of Pontiac! The return on investment (ROI) makes this building profitable. This well-laid-out up and down flat features two separate units furnished, each offering 2 bedrooms and 1 full bath, providing excellent rental potential and strong cash-flow opportunity. Ideal for buy-and-hold investors or owner-occupy whole property or house hack by living in one unit and leasing out the other to offset their mortgage. Possible Airbnb and or VRBO venture for income versatility. Each unit includes its own kitchen and living space, creating functional, desirable layouts for tenants. A full basement adds additional storage potential, andRead MoreRead Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of Brookstone, Realtors LLC, 248-963-0505, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
132
Last Updated
Property Type
Multi-Family
Square Ft.
1,620
Lot Size
0.16 Acres
MLS Number
60976670
Property Location Map
Additional Details
Property Access
Paved Street
Basement
Poured, Stone
Building
1,620 square feet, 2 total units, Built in 1910, Separate heat?: Yes, Style: 2 Story, Colonial
Community
Private Entry
Cooling
Ceiling Fan(s)
Expenses
Total expenses: $6,682
Exterior Features
Other, Fenced Yard, Porch
Foundation
Basement
Water Features
Gas
Heating
Natural Gas, Forced Air
Income
Net operating income: $26,918
Interior Features
Cable/Internet Avail.
Lot
Lot size: 41.66X170, 0.16 acres
Parking
Lighted, On Street
Taxes
Total amount: $2,648
Unit Five
Bedroom 2 width: 41

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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(Source: Home Junction)

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