9470 PONTIAC LAKE Road Active Save Request In-Person Tour Request Virtual Tour
White Lake,MI
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision White Lake Twp
MLS Listing ID 20240009340
Year Built 1965
Annual Tax Amount $15,019
Lot Size 1.720 Acres
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 FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND PRE-APPROVAL BEFORE REQUESTING A SHOWING.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Commercial
Interior
Heating Baseboard
Exterior
Waterfront No
View Y/N No
Building
Water Well
Structure Type Wood Siding
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional