Investor Special - Value-Add Triplex Opportunity!Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors. The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details.Don't miss the chance to unlock the potential of this income-producing property.
| MLS # | 70511607 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1910 |
| Days On Site | 279 |
| Listing Provided By | Vantage Realty Group, LLC | Michael Weinraub |
| SQ Feet | 1,882 |
|---|---|
| Basement | Y |
| Units | 3 |
| Acreage | 0.14 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
| Construction Materials | Aluminum Siding |
|---|---|
| Foundation Details | Basement |
| List Aor | Greater Metropolitan Association of REALTORS |
|---|
| Property | 1687 |
|---|
| State | MI |
|---|---|
| County | Oakland |
| City | Pontiac |
| Zip Code | 48341 |
| Area | Pontiac (63142) |
| Listing VS Median (in 48341) | |
Price: $100,000 low | high Med: $197,450 sqft: 1,882 low | high Med: 2,026 $ / sqft: $53 low | high Med: $97 On site: 279 low | high Med: 29 | |
| State | MI |
|---|---|
| County | Oakland |
| City | Pontiac |
| Zip Code | 48341 |
| Area | Pontiac (63142) |
| Listing VS Median (in 48341) | |
Price: $100,000 low | high Med: $197,450 sqft: 1,882 low | high Med: 2,026 $ / sqft: $53 low | high Med: $97 On site: 279 low | high Med: 29 | |