$1,160,000
For Sale

9470 PONTIAC LAKE ROAD

White Lake, MI 48386
2700 sqft | 14.5 baths | #20240009340
Browse 21 photos
Type:Multi-Family
Structure:House
Zone:Residential

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. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. 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.

  • Interior Details
      • HeatingBaseboard
    • Beds & Baths
      • Total Baths14.10
      • Bathrooms14.5
      • Full Baths14
      • Half Baths1
  • Property Details
      • Square Feet2700
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1965
  • Community and Neighborhood Details
      • RegionWhite Lake Twp
      • ZoningCommercial
      • School DistrictWaterford
      • CountyOakland
  • Financial Details
      • Original List Price$1,200,000
  • Other
      • MLS #20240009340

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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