$1,160,000
9470 pontiac lake road, white lake, MI 48386
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.
Waterfront / Water Access
Water Name: pontiac lake
General Information
Price: $1,160,000
Price/SqFt: $430
Status: Active
MLS#: 20240009340
City: white lake twp
Post Office: white lake
Schools: waterford
County: Oakland
Acres: 1.72
Lot Dimensions: 149X533
Bedrooms:0
Bathrooms:14 (14 full, 1 half)
Size: 2,700 sq.ft.
Acreage: 1.72 est.
Year Built: 1965
Property Type: Multifamily
Style: 1 Story
Features & Room Sizes
Exterior: Block, Wood
Basement: 0
Heating: Baseboard
Heating: Baseboard
Tax, Fees & Legal
Est. Summer Taxes: $10,954
Est. Winter Taxes: $4,065
Est. Winter Taxes: $4,065
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Andrew Dado of 365 REALTY, Phone: (248) 669-7400
