51 S Francis Avenue Pontiac, MI 48342
Welcome to 51 S Francis St. This is an Exceptional Investment Opportunity - Turnkey Fourplex in Oakland County. We present a rare investment opportunity in the heart of Pontiac, Michigan - a well-maintained fourplex residential apartment building with four units ready to lease. All four units have been totally updated and remodeled and ready for occupancy. This building is the perfect opportunity for a cash flow investor, or a potential Air BnB/ Short Term Rental being located within a few miles from the downtown Pontiac area. The fourplex represents four identical two bed one bath units that rent for $1500/month, potentially producing $6000.00/month or $72, 000/year in gross income. The Building also offers a paved parking lot right next to the building. The building is well located as it’s minutes from downtown and the Oakland County’s Sheriff’s Department. .
- Property TypeMulti-Family
- NeighborhoodCitizen'S Development Co Add
- CountyOakland
- Taxes$1,012
- HOA/Condo/Coop Fees$0
- Days on Site43 Days
- MLS StatusPending
- MLS ID Number20240018890
- Home Size Source Public Records
- Year Built1930
- Lot Size0.12 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Style Common Entry BuildingQuadruplex
- Construction Brick
- Sewer Public Sewer
- Basement UnfinishedWalk- Up Access
- Number of Stories 2
- Water Public
- Property Sub Type Multi Family
- Foundation Brick/ Mortar
- Zoning Multi-Family
Interior Features
- Heating Forced AirNatural Gas
- Fireplace No
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Pets Yes
- MLS Area Pontiac