74, Newberry, Pontiac, Michigan, 48341

  • $250,000

74, Newberry, Pontiac, Michigan, 48341

  • $250,000

Overview

  • Multi Family
  • Type
  • 6
  • Bathrooms
  • 0
  • Garage
  • 2775
  • Area Size

Description

6-Unit Value-Add Investment Opportunity! Currently 2 units are occupied at $1,010/month each, while 4 units are vacant and offer significant upside through lease-up and improvements.
The property consists of 4 one-bedroom units, 1 two-bedroom unit, and 1 studio. Potential rents are approximately $1,010/month for each 1-bedroom, $1,200/month for the 2-bedroom, and $600/month for the studio, providing potential gross rental income of approximately $6,040/month ($72,480 annually) when fully leased. Great opportunity for an investor to renovate, stabilize occupancy, increase NOI, and build equity.

Nearby School

  • High School District Pontiac

Contact Information

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Sunil Paingol

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