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$250,000
22 Days On Site

74 Newberry Street
Pontiac City, MI 48341

For Sale|Multi Family|Active
6
Beds
6
Total Baths
6
Full Baths
2,775
SqFt
$90
/SqFt
1950
Built
Subdivision:
RECREATION PARK ADD
County:
Oakland
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
74 Newberry Street74 Newberry Street74 Newberry Street74 Newberry Street
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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.

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Listing Snapshot
Price 
$250,000
Days On Site 
22 Days
Bedrooms 
6
Inside Area (SqFt) 
2,775 sqft
Total Baths 
6
Full Baths 
6
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1950
MLS® Number 
20261070496
Status 
Active
Property Tax 
$5,277.87
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Cross Street 
W huron St and S Telegraph RD
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Foundation 
Block
Levels 
Two
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2775
Style 
Tudor
Water Source 
Public
Zoning 
MultiFamily
Interior Features
Basement 
PartialUnfinished
Heating 
BaseboardElectric
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Community Features
MLS Area 
Area02142Pontiac
School District 
Pontiac
Financing Terms Available 
CashConventional
Roads 
Paved
Schools
School District
Pontiac
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Braven Enterprises LLC: [email protected]



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IDX information is provided exclusively 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 and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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