$125,000
$139,900
10.7%For more information regarding the value of a property, please contact us for a free consultation.
1374 STANLEY AVE Pontiac, MI 48340
4 Beds
4 Baths
2,160 SqFt
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $57
Subdivision Walton Blvd Park Sub
MLS Listing ID 216092209
Sold Date 12/29/16
Style Quadruplex
Bedrooms 4
Full Baths 4
Originating Board Realcomp II Ltd
Year Built 1940
Annual Tax Amount $1,442
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions X13031.05
Property Description
Great money maker. All long term tenants. Requires 48 hour notice to show. Nice large private yard, 2 separate shared basements ideal for storage. Corner of street with units on 2 streets. Private entrances. Porches, Priced below market value. Price is just 6 x the net income per year. 17% return on the investment at purchase price. Land contract terms negotiatable. Quiet , safe location as well. Copies of leases and cash flow with expenses in documents online here
Location
State MI
County Oakland
Area Pontiac
Zoning Multi-Family
Direction go south on Baldwin from Walton, make a right on Princeton, make a right on stanley
Rooms
Basement Common
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced, Private Entry
Garage Spaces 15.0
Roof Type Asphalt
Porch Porch - Covered
Road Frontage Paved
Garage no
Building
Foundation Basement, Crawl
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Quadruplex
Level or Stories 1 Story
Structure Type Stone
Schools
School District Pontiac
Others
Pets Allowed Yes
Tax ID 1417102046
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Assessment Amount $232
Acceptable Financing Cash, Conventional, FHA, FHA 203K, Land Contract, VA
Rebuilt Year 2004
Listing Terms Cash, Conventional, FHA, FHA 203K, Land Contract, VA
Financing Cash,Conventional,FHA,FHA 203K,Land Contract,VA
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Bought with Non Realcomp Office