9470 PONTIAC LAKE Road Active Save Request In-Person Tour Request Virtual Tour
White Lake Twp,MI 48386
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