566 E Columbia Avenue

    Pontiac, MI 48340
    • $499,900
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 218007567
    UPDATED: 29 min ago
    $499,900
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $104
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:
    Area:
    Zoning: Multi-Family
    Lot Size Dimensions: 194 X 120 X 194 X 120

    School Ratings & Info

    School District:

    Description

    Fantastic opportunity to own a solid income generating property. This 11 unit studio apartment building is 100% occupied and in "turn-key" condition. Entire building has been completely renovated and all units are modern looking and re-rent immediately. Units are perfect for single working adults that want their own bathroom and kitchen but don't need a lot of space. Comes with a 3 car garage for storage and coin laundry machines that also generate revenue. Serious Inquiries only! Please do not approach tenants as they do not know this property is for sale. B.A.T.V.A.I

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-02-20T17:57:27.797.
    www.homesearchannarbor.com/homes/80360620

    566 E Columbia Avenue Pontiac, MI 48340

    • Price: $499,900
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 218007567
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    4,800
    SQFT
    $104
    $/SQFT
    1930
    Built
    Neighborhood:
    JOSLYN GARDENS SUB
    County:
    Oakland
    Area:
    Pontiac
    School District:
    PONTIAC
    Property Description
    Fantastic opportunity to own a solid income generating property. This 11 unit studio apartment building is 100% occupied and in "turn-key" condition. Entire building has been completely renovated and all units are modern looking and re-rent immediately. Units are perfect for single working adults that want their own bathroom and kitchen but don't need a lot of space. Comes with a 3 car garage for storage and coin laundry machines that also generate revenue. Serious Inquiries only! Please do not approach tenants as they do not know this property is for sale. B.A.T.V.A.I
    Exterior Features

    Architecture Level 2 Story Commercial Exterior Features Awning/Overhang(S)Outside LightingPerimeter Fence Construction Materials BrickVinyl Exterior Features Private Entry Foundation Details Basement Foundation Materials Block Lot Size Dimensions 194 X 120 X 194 X 120 Road Frontage Feet 194 Road Frontage Type Paved Roof Material AsphaltRubber Waterfront YN No

    Interior Features

    Commercial Utilities Cable TvSmoke Alarm Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Main 4800 Sq Ft Office 0 Sq Ft Source Owner Unit Efficiency Number Of 11 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Electric

    Property Features

    Assessment 0 Buildings List Garage Business Type Residential Commercial Type Apartments Current Use Apartment Building Encroachment YN No Exclusions YN No Gross Scheduled Income 73000.00 Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 6110 Net Operating Income 43000.00 Operating Expense 30000.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession Immediate Postal City Pontiac Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 3228.0000 Tax Amount Winter 106.0000 Title Private - Owned Total Tax 3334.0000 Unparsed Address 566 E COLUMBIA AVE Water Source Municipal Water Year Remodeled 2009 Zone Conform YN Yes Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Axis Real Estate and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-02-20T17:57:27.797.
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104