$700,000

98 S Edith Street, Pontiac, MI 48342

  • 5,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $140/sqft
  • Property List Date Icon Listed 1 month ago

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!

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 8:41PM
Listing Office:
Keller Williams Paint Creek : 2486098000
Listing Agent:
Brett McKinney : 5868797486
MLS ID:
20261008827
  • Heating: Natural gasWall furnace
  • Parking: Parking lot
  • General: BrickTwoBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Pontiac
  • County: Oakland
  • Zoning: T3NR10ESEC 28 CITIZEN'S DEVELOPMENT COMPANY'S ADDITION LOT 145 TO 147 INCL.1428481022
  • Current Use: Multi family
  • Water: Other
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Brett McKinney , Keller Williams Paint Creek

Monthly Payment

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

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Location

Schools Nearby

H

Herrington School

541 Bay St, Pontiac, MI, 48342

Grades KG-6

1.49 miles away

P

Pontiac Middle School

1275 N Perry St, Pontiac, MI, 48340

Grades 6-8

2.11 miles away

B

Bethune Adult Education

1051 Arlene Ave, Pontiac, MI, 48340

Grades 12-12

2.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.