398 N Saginaw Street

Pontiac, MI 48342
Square Ft.
1,620
$250,000
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 andRead MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Brookstone, Realtors LLC, (248) 963-0505.
Listing Snapshot
Days Online
70
Last Updated
Property Type
Multifamily
Square Ft.
1,620
Lot Size
0.16 Acres
Year Built
1910
MLS Number
20261009177
30 Days Snapshot Of 48342
$67k
-23%
(avg) sold price
11
-21%
homes sold
55
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Unfinished, Basement?: 1
Building
2 total units, 2 two-bedroom units, Built in 1910, Architectural style: Colonial, Early American, Other, 1,620 total square feet, 1,620 combined square feet, 723 total basement square feet, Unit count: 2
Cooling
Ceiling Fan(s)
Exterior Features
Lighting, Private Entry, Fenced
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 1
Water Features
Natural Gas, Other
Heating
Forced Air, Separate Meters, Natural Gas
Interior Features
Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s), Circuit Breakers, Entrance Foyer, 24 Hour Security, Building Security, Closed Circuit Camera(s), Exterior Video Surveillance, Fire Alarm
Lot
Lot size area: 0.16, Lot size dimensions: 41.66X170
Miscellaneous
Gross scheduled income: $33,600, Income projection: Projected, Monthly rental income: $2,800, Net operating income: $26,918, Operating expense: $6,682
Parking
6 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,452, Tax amount (winter): $1,196
Sewer
Sewer (Sewer-Sanitary)
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Ed Roberts
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IDX provided courtesy of Realcomp II Ltd., via KNE Realty 360 and Kristi Roberts, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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