88 PALMER Street Pontiac, MI ^$ 154,999

88 PALMER Street

^$ 154,999

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88 PALMER Street

Pontiac, MI, 48341

^$ 154,999

Studio Baths3.0 Sq 1,346

Monthly Estimate*

^$ 1,030

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Studio

Multi-Family Home for sale in Pontiac, MI

for $154,999 with 3 full baths. This 1,346 square foot home was built in 1900 on a lot size of 0.07.

Charming 1900 bungalow transformed into a three-unit multi-family residence. A cozy interior corridor connects two units on the first floor (a studio and a one-bedroom) while the second floor features a spacious one-bedroom with a den. Currently, both one-bedroom units are leased, while the studio is available following a recent vacancy. With potential monthly rents exceeding $2,000, this property is conveniently situated near downtown, the hospital, and the expressway. Turnkey rental property. Showings are available upon submission of a Letter of Intent (LOI). Buyer to verify all information (BTVAI).

Multi-Family Pending

Price

^$ 154,999

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,053

Style

Bungalow

Lot Size

0.07

Year Built

1900

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

60288263

Features

General

Heating Forced Air

Cooling Ceiling Fan(s) Window Unit(s)

Possession At Close

Water Public Water

Status Pending Pending

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1900

Subdivision FOREST LAWN ADD MI

Style Bungalow

County Oakland

Class MULTIFAMILY

Type Multi-Family

Percent Ownership Private

Municipality Pontiac

Zoning Residential

Structure Style 1 1/2 Story

Area Pontiac (63142)

Primary City Pontiac

Directions South of Huron Street east of Johnson Avenue North of Orchard Lake Road on westside of Palmer Street

City Pontiac

School District Pontiac City School District

Street Name PALMER

Financial Terms Cash Conventional

Legal Description T3N R10E SEC 29 FOREST LAWN ADDITION S 55 FT OF LOT 7 EXC TRI OFF S SIDE DESC AS BEG AT SE COR OF LOT 7 TH N 5 FT TH SWLY TO SW COR OF LOT 7 TH ELY TO BEG ALSO S 55 FT OF E 10 FT OF LOT 8

DOM 83

Postal Code 48341

Price Per Sq Ft Total 115.16

Coming Soon

Interior

Basement Block Partially Finished

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Vinyl Siding

Frontage 50

Lot Size Area 0.07

Lot Dimensions 53x67

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Christopher Cichocki

Listing Agent

Select Real Estate Professionals

Broker

Hello@FinanceChris.com

Affordability Calculator

$1,201

Per Month

Monthly Principal & Interest: $1,030
Monthly Property Taxes: $171
Monthly Home Insurance: --

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Down Payment

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Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Multi-family listings in Pontiac, MI

Average List Price ^$377,392

Percent of Sale Price 143%

About Pontiac, MI

59,088 Population

-11% Since 2002

^$30,516 Median Income

35.44 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759574 Elementary School

759453 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$154,999	-6.06%	Price Down
2/16/2024	$164,999		Listed Price

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88 PALMER Street, Pontiac, MI, 48341 is a Multi-Family Home for sale at $154,999 with 1,346 sqft and a lot size of 0.07. 88 PALMER Street is a studio with 3.0 baths and was built in 1900. The property's zip code is 48341 which is in Pontiac, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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88 PALMER Street

Multi-Family Home for sale in Pontiac, MI

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