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$1,160,000 for Sale

9470 pontiac lake, white lake, MI 48386

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Property 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.
Waterfront
Water Name:  pontiac lake
General Information
Sale Price: $1,160,000
Price/SqFt: $430
Status: Active
MLS#: 369
City: white lake twp
Post Office: white lake
Schools: waterford school district
County: Oakland
Acres: 1.72
Lot Dim: 149X533
Bedrooms:0
Bathrooms:15   (14 full, 1 half)
Size: 2,700 sq.ft.
Acreage: 1.72 est.
Year Built: 1965
Style: 1 Story
Features & Room Sizes
Basement:  No
Heating:  Baseboard
Tax, Fees & Legal
Est. Summer Taxes:  $10,954
Est. Winter Taxes:  $4,065


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for 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. Listing By: Andrew Dado of 365 REALTY

This listing last updated: Wed, May 29, 2024 at 2:41:17 PM EDT

MIRealSource Listing Data Last Updated On Thursday, July 11 2024 at 11:15am
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Listings presented by:
Andrew Dado
365 REALTY
Call: (248) 986-9371

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