$700,000
98 s edith street, pontiac, MI 48342
Property Description
Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated including; new flooring, kitchens, bathrooms, and wall furnaces. The building has brand new PEX plumbing throughout, updated breaker boxes, and the roof was just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters. The one un-renovated unit has a long term section 8 tenant in place paying $975/month. Total Market Rent- $10,225 (One beds $975, Studios $875) Utilities not paid by tenants - $740-840/month Insurance - $525/month Taxes - $7,300/year This building just needs a new owner ready to place tenants and bring in all the cash flow. Reach out before it's gone!
General Information
Price: $700,000
Price/SqFt: $140
Status: Active
MLS#: 20261009434
City: pontiac
Post Office: pontiac
Schools: pontiac
County: Oakland
Subdivision: citizens dev co add
Acres: 0.34
Lot Dimensions: 125x120
Bedrooms:0
Bathrooms:11 (11 full, 0 half)
Size: 5,000 sq.ft.
Acreage: 0.34 est.
Year Built: 1930
Property Type: Multifamily
Style: 2 Story
Features & Room Sizes
Exterior: Brick
Basement: 1
Heating: Wall Furnace
Heating: Wall Furnace
Tax, Fees & Legal
Est. Summer Taxes: $7,038
Est. Winter Taxes: $269
Est. Winter Taxes: $269
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2026 Realcomp II Ltd. Shareholders Listing By: Brett McKinney of Keller Williams Paint Creek, Phone: (248) 609-8000





