$87,000
$94,900
8.3%For more information regarding the value of a property, please contact us for a free consultation.
702 E BEVERLY Avenue Pontiac, MI 48340
2 Beds
1 Bath
630 SqFt
Key Details
Sold Price $87,000
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 630 sqft
Price per Sqft $138
Subdivision Le Baron Farm Sub No 1
MLS Listing ID 20230008911
Sold Date 03/27/23
Style Ranch
Bedrooms 2
Full Baths 1
HOA Y/N no
Originating Board Realcomp II Ltd
Year Built 1926
Annual Tax Amount $554
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 133.00
Property Description
**TURN-KEY AIRBNB** Short-term rental investors, this is your opportunity to add a turn-key AirBNB property with a long track record (2018-2022) of operating to your portfolio! The home is being sold fully furnished and outfitted. The property is located on a corner lot and features 2 bedrooms, a cozy kitchen built for efficiency, a living room, laundry room, and full bath, as well as a spacious yard! This property generated almost 14K net income in 2022, giving it a stellar 14.5% cap rate after all expenses. This property is located just minutes away from downtown Pontiac and all of the restaurants, nightlife, and industry that Pontiac has to offer! Ask your Realtor for the P & L statements for 2018-2022
Location
State MI
County Oakland
Area Pontiac
Direction From Joslyn turn East onto Beverly, located on SW corner of Beverly & Fuller
Rooms
Kitchen Free-Standing Gas Range, Free-Standing Refrigerator
Interior
Heating Forced Air
Fireplace no
Appliance Free-Standing Gas Range, Free-Standing Refrigerator
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Garage Description No Garage
Fence Back Yard
Porch Porch - Covered, Deck, Porch
Road Frontage Paved
Garage no
Building
Lot Description Corner Lot
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Aluminum,Vinyl
Schools
School District Pontiac
Others
Tax ID 1416456020
Ownership Short Sale - No,Private Owned
Assessment Amount $64
Acceptable Financing Cash, Conventional
Rebuilt Year 2016
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Max Broock Realtors Oxford