$599,999

109 Cadillac Street, Pontiac, MI 48342

  • 6 baths |
  • 4,256 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1929
  • Property Lot Size Icon0.46acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

109 Cadillac St in Pontiac, MI presents a rare opportunity to acquire a truly one-of-a-kind multifamily investment property featuring six spacious 2-bedroom, 1-bath units, each offering approximately 825 square feet of living space. Every unit has its own private entrance and dedicated basement, creating a townhome-style feel that is highly desirable to tenants. What sets this property apart is that all six units are completely separately metered for gas, water, and electric, significantly reducing owner utility expenses and simplifying management. In addition, each unit has its own furnace, central air conditioning system, and hot water heater, giving tenants full control over their utilities and comfort. The property has seen extensive interior updates, including fresh paint, new flooring, and light bathroom upgrades throughout the units. Each basement also includes laundry hookups, adding convenience and additional tenant appeal. The roof is newer, helping minimize near-term capital expenses. Currently, five of the six units are occupied, with one unit intentionally left vacant to allow for easy walkthroughs and future leasing flexibility. At full occupancy, the property offers projected gross annual income of $90,000 a year, making this an exceptional turnkey investment opportunity with strong cash flow potential in the growing Pontiac market. PROPERTY FULLY APPROVED WITH THE PONTIAC HOUSING COMISH FOR THEIR VOUCHER PROGRAM.

Listing Status:
Active
Date Added:
May 7, 2026
Data Last Updated:
May 20, 2026 at 7:45AM
Listing Office:
Oak and Stone Real Estate : 248-266-0584
Listing Agent:
Parker McInnis : 248-672-7698
MLS ID:
60990865
  • Laundry: Common Area
  • Basement: Block
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Forced Air
  • Style: Ranch
  • Other Structures: Porch
  • General: BrickOneBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Pontiac City School District
  • County: Oakland
  • Zoning: T3NR10ESEC 20 FAIRVIEW LOTS 12 & 3 BLK 2
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Parker McInnis , Oak and Stone Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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