9470 Pontiac Lake Road

White Lake, Michigan 48386

  • 14 Bed(s)
  • 14.5 Bath(s)
  • 2,700 Sqft
  • 1.72
    Acres(Lot)
$1,160,000

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. 9/10 apt units and house leased with positive income. 5 studio units and house are renovated. apt 2 under remodel. 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.

  • Property Type

    Multifamily

  • County

    Oakland

  • Style

    Colonial

  • AD ID

    45311419

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Property Details

  • Bathroom Information

    • Total Baths: 14.5
    • Full Baths: 14
    • Half Baths: 1

    Interior Features

    • Roof : Asphalt

    Heating & Cooling

    • Heating: Baseboard
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1965
    • Building Stories: 1 Story
    • Total Units: 11
    • Roof: Asphalt
    • Foundation/Basement: Slab
    • Architecture: Colonial

    Exterior Features

    • Construction: Block/Concrete/Masonry,Wood

    Utility Features

    • Sewer: Septic Tank (Existing)

    Water

    • Well (Existing)

  • Lot Information

    • Lot Size: 1.72
    • Dimensions: 149X533

    Property Information

    • SQ ft: 2700
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $1,200,000

    Listing Information

    • Possession: At Close
    • Legal Description: T3N, R8E, SEC 14 PART OF SW 1/4 OF NE 1/4 BEG AT PT DIST N 00-16-50 E 310.60 FT FROM CEN OF SEC, TH S 81-57-40 E 150 FT, TH N 00-16-50 E 500 FT, TH N 81-57-40 W 150 FT, TH S 00-16-50 W 500 FT TO BEG 1.72 A Y208A

  • Tax Information

    • Annual Tax: $15,019
    • Parcel Number: 1214253001

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: T3N, R8E, SEC 14 PART OF SW 1/4 OF NE 1/4 BEG AT PT DIST N 00-16-50 E 310.60 FT FROM CEN OF SEC, TH S 81-57-40 E 150 FT, TH N 00-16-50 E 500 FT, TH N 81-57-40 W 150 FT, TH S 00-16-50 W 500 FT TO BEG 1.72 A Y208A

  • Parking Information

    • Parking: 15
    • Has Garage: Yes

    Multi-Unit Information

    • Road Frontage: Dirt

    Unit 1 Information

    • # of Bedrooms: 10

  • Utility Information

    • Water:Well (Existing)
    • Sewer:Septic Tank (Existing)
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BuyOwner last updated this listing 01/18/2025 @ 07:22

  • MLS: 601069674
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 14 bedrooms which is for sale, it has 2,700 sqft, 2 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of White Lake , in zip code 48386, this Oakland County Multifamily and are nearby neighborhoods.