EVERYTHING COMMERCIAL & RESIDENTIAL

Buy - Sell - Rent - Invest Residential & Commercial Properties

INTELLECT REALTY

P O BOX 8121
Bloomfield Hills, MI 48302
 (248) 895-0038
Contact Us

INTELLECT REALTY

P O BOX 8121
Bloomfield Hills, MI 48302
 (248) 895-0038
Contact Us

18 Lorraine Ct, Pontiac, MI 48341

0 Bedrooms / Multiple Family

Property Status:  Sold | $105,000.00 | 



8 UNIT MULTI FAMILY - PONTIAC - 87% OCCUPANCY - VERY MOTIVATED SELLERS


Property Status:
Sold | $105,000.00

Property Details:
Property Style:
2-Story
Year Built:
1920
Basement:
Unfinished Basement
Owner/Agent:
Real Estate Agent

PRICE REDUCED AGAIN, MUST SELL SOON DUE TO ILLNESS AND NEED FOR MEDICAL EXPENSES! AVERAGE REVENUE PRODUCING INVESTMENT- 2 STORY BRICK BUILDING LOCATED ON QUIETER 1 WAY STREET CLOSE TO COURT HOUSE, HOSPITALS & DOWNTOWN. EIGHT TWO BEDROOM UNITS CURRENT OCCUPANCY 75%. 4 UPPER & 4 LOWER UNITS. HW FLOORS.UPPER UNITS EA HAVE AN ENCLOSED PORCH OFF MASTER BEDROOMS.LOWER UNITS HAVE DIRECT ACCESS TO THE BASEMENT.4 SEPARATE BASEMENTS;NEWER ELECTRIC PANELS; 8 FURNACES & 8 HOT WATER HEATERS -AGES VARY, REPLACED WHEN NEEDED BUT ELECTRICAL PANELS ARE ALL DONE. PRIVATE SEPARATE ENTRIES, FRONT ENTRY INTO COMMON FOYER, THEN EACH UPPER & LOWER HAS OWN SEPARATE ENTRY.4 COVERED FRONT PORCHES.MAJOR APPLIANCES ON SITE BELONG TO PROPERTY, EACH UNIT HAS STOVE & FRIDGE.FAIR CONDITION PROPERTY DOES NEED SOME WORK.TENANT OCCUPIED 48-72 HRS NOTICE TO SEE REPRESENTATIVE UNITS-CARETAKER MUST ACCOMPANY.IDRBNG BATVAI NET INCOME IS EST SUBJECT TO ACTUAL PROPERTY TAXES, WATER BILLS.ILLNESS FORCES SALE. PLEASE DO NOT DISTURB OCCUPANTS. NO COMMISSION FOR LICENSEE WHO IS BUYER. http://www.propertypanorama.com/instaview-elite/nocbor/215096843



Legal Disclaimer:
Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.