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$1,300,000
8941 Pontiac Lake Rd, White Lake Twp, MI 48386
0 Beds
11 Baths
6,960 SqFt

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Multi Family 10 Units Apartment Complex. Ranch Style, Brick Exterior. Located across the Street from Pontiac Lake! There are 4 - 2 Bedroom Units, 6 - 1 Bedroom Units and a Coin Laundry on Site. Ample Parking and 3 Units are Freshly Remodeled with Granite and Vinyl Flooring and Fresh Paint! All Units are Metered Separately, Tenants pay own DTE Utility's. Owner pays Gas. Zoned RM-2 (Multi Family/ Residential). Each Unit has Baseboard (Boiler System) Heating & Wall Unit A/C. Waterford Schools. Owner is has 9470 Pontiac Lake Rd Also & would Preferably to sell together. MLS # 20221025655 Showing are for Serious Buyers ONLY!
  • Price:
  • $1,300,000
  • Full Baths:
  • 10
  • Half Baths:
  • 1
  • Square Footage:
  • 6,960
  • Acreage:
  • 1.45
  • Year Built:
  • 1965
  • Listing ID #:
  • 20221026699
  • Street Address:
  • 8941 Pontiac Lake Rd
  • City:
  • White Lake Twp
  • State:
  • Michigan
  • Postal Code:
  • 48386
  • County:
  • Oakland
  • Community:
  • White Lake Twp
  • Listing Status:
  • Pending
  • Listing Type:
  • Multifamily
School District: Waterford
  • Architecture Style:
  • Ranch
  • Foundation:
  • Slab
  • Interior Features:
  • Laundry Facility
  • Number Of 1 Bedroom Units:
  • 6
  • Number Of 2 Bedroom Units:
  • 4
  • Rent Includes:
  • Snow Removal, Trash Collection (garbage Pickup)
  • Siding:
  • Brick
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 6960
  • Type Of Roof:
  • Asphalt
  • Year Built:
  • 1965
  • Year Renovated:
  • 1965
  • Net Operating Income:
  • 72708.00
  • Operating Expense:
  • 26582.00
  • Conforms To Zoning:
  • Multi-Family, Residential
  • Road Frontage:
  • 270
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 125
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 5364.3500
  • Winter Tax:
  • 1460.3000
  • Parking Spaces:
  • 40
  • Cooling System:
  • Wall Unit(s)
  • Existing Water:
  • Well (existing)
  • Heating:
  • Baseboard, Hot Water, Steam
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Septic Tank (existing)
  • Water Name:
  • Pontiac Lake
  • Waterfront Description:
  • Across The Road Water Frontage
  • Waterfront Footage:
  • 270.00
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • FARMHILL

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