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9470 Pontiac Lake Road White Lake, MI $ 1,160,000
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$ 1,160,000 Get more info
9470 Pontiac Lake Road
$ 1,160,000
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9470 Pontiac Lake Road

White Lake, MI, 48386
$ 1,160,000
Bedrooms10 Baths14.1 Sq 2,700

Monthly Estimate*

$ 7,710

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Multi-Family Home for sale in White Lake, MI

for $1,160,000 with 10 bedrooms and 14 full baths, 1 half bath. This 2,700 square foot home was built in 1965 on a lot size of 1.72.

ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL ME FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND ME PRE-APPROVAL BEFORE REQUESTING A SHOWING.

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Multi-Family Active

Price

$ 1,160,000

Bedrooms

10

Full Bath

14

Half Bath

1

Property Type

Multi-Family

Taxes

$ 15,019

Style

Colonial

Lot Size

1.72

Year Built

1965

Town/City

White Lake

County/Region

Oakland

MLS | Web ID

20240009340
Features
Interior
Heating Fuel Natural Gas
Basement Y/N 0
Total Units 11
Fireplace 0
Street Suffix Road
Total Baths 14.10
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General
Sewer Septic Tank (Existing)
Heating Baseboard
Possession At Close
Pets Allowed No
Zoning Commercial
Pool Y/N 0
Full Baths 14
Half Baths 1
Year Built 1965
Property Type Multifamily
Transaction Type Sale
Status Active
Short Sale No
Parking Total 15
Construction Materials Block/Concrete/Masonry Wood
Cumulative Days on Market 103
MLS Area White Lake Twp
Directions M59 TO FISK ROAD LEFT ON PONTIAC LAKE ROAD.
City White Lake Twp
Terms Offered Cash Conventional
School District Waterford
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name PONTIAC LAKE
Homestead 0
Assessment 847.00
Total Sq Ft 2700
DOM 103
Taxes 15019.0000
Legal Description T3N R8E SEC 14 PART OF SW 1/4 OF NE 1/4 BEG AT PT DIST N 00-16-50 E 310.60 FT FROM CEN OF SEC TH S 81-57-40 E 150 FT TH N 00-16-50 E 500 FT TH N 81-57-40 W 150 FT TH S 00-16-50 W 500 FT TO BEG
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Exterior
Waterfront 0
Waterfront Name PONTIAC LAKE
Lot Size Area 1.72
Water Source Well (Existing)
Foundation Slab
Lot Size Dimensions 149X533
Roof Material Asphalt
Garage Y/N 1
Architecture Level 1 Story
Architecture Style Colonial
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Andrew Dado

Listing Agent

365 Realty

Broker

(248) 669-7400

Phone

Affordability Calculator

$8,961
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,710
Monthly Property Taxes
$1,252
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
848927 Elementary School
848160 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,160,000 -3.33% Price Down
2/16/2024$1,200,000 Listed Price

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9470 Pontiac Lake Road, White Lake, MI, 48386 is a Multi-Family Home for sale at $1,160,000 with 2,700 sqft and a lot size of 1.72. 9470 Pontiac Lake Road has 10 bedrooms, 14.1 baths, and was built in 1965. The property's zip code is 48386 which is in White Lake, MI

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