$299,000

156 Mark Avenue, Pontiac, MI 48341

  • 3 baths |
  • 1,854 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $161/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Fantastic investment opportunity with this solid brick triplex in Pontiac, conveniently located near Telegraph and Elizabeth Lake Rd. The property includes two spacious 2-bedroom units, both currently occupied by Section 8 tenants paying $1,250 and $1,207 per month. The third unit is a vacant basement studio with egress, offering an estimated rental potential of $750 per month. With all three units rented, the property has the potential to generate approximately $3,207 in monthly income, delivering an attractive projected cap rate of 11%. Additional features include a two-car garage for added tenant convenience. Showings are available upon accepted offer only.

Listing Status:
Active
Date Added:
April 30, 2026
Data Last Updated:
May 20, 2026 at 7:45AM
Listing Office:
National Realty Centers, Inc : 248-468-1444
Listing Agent:
Michael Cash : 269-365-3320
MLS ID:
60988504
  • Appliances: Gas Water Heater
  • Basement: BlockFinished
  • Heating: BaseboardHot Water
  • General: Balcony
  • Other Structures: Porch
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Pontiac City School District
  • County: Oakland
  • Zoning: T3NR10ESEC 30 BAGLEY AND MANN PART OF LOTS 4 & 5 BEG AT PT LOC ON E SIDE OF MARK AVE & DIST S 250 FT FROM INTERSEC OF S LINE OF ELIZABETH LK RD & SD E LINE OF MARK AVETH S 40 FTTH E 150 FTTH N 40 FTTH W 150 FT TO BEG
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Michael Cash , National Realty Centers, Inc

Monthly Payment

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

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Location

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