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$ 1,950,000
Est. payment /mo
Active
25 Maynard Court Pontiac, MI 48342 2534
12 Baths
10,886 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,886 sqft
Price per Sqft $179
Subdivision Mi
MLS Listing ID 60994738
Style 2 Story
Full Baths 12
Year Built 1926
Annual Tax Amount $19,162
Lot Size 0.490 Acres
Acres 0.49
Lot Dimensions 100 x 213
Property Sub-Type Multi-Family
Property Description
Turnkey 100% Occupied Multi-Family Investment. This City Rental Certified property features an exceptional operational setup with individually metered utilities and dedicated natural gas furnaces for each unit delivering maximum efficiency and long term expense control. Each apartment offers a highly desirable townhouse-style layout with private entrances, private basements, individual egress, dedicated HVAC, laundry areas, and balconies that attract quality tenants and support strong leasing performance. Extensive improvements have been completed, including new roof in 2026 and freshly shingled porch overhangs. The property has been fully stabilized through strategic, proactive management. It is currently operating at 100% occupancy under government-backed housing programs, generating $227,100 in annual income, with significant built-in upside available through the completion of the remaining 4-bedroom unit build-outs. Located just 3 minutes from Downtown Pontiac and 9 minutes from Oakland University, the property is supported by a strong, diversified employment base spanning automotive, manufacturing, healthcare, logistics, and more.
Location
State MI
County Oakland
Area Pontiac (63142)
Zoning Residential
Interior
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Pontiac City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Premier Realty Service LLC