USAMIPontiacHigh Ridge Add221 Baldwin Ave

221 Baldwin Ave, Pontiac, MI

Name: 221 Baldwin Ave, For Sale in Pontiac - Zoocasa
Brand: ICON Realty Experts, LLC
SKU: 20261070039
Price: 624900 USD

House

For Sale

Listed price in listed location currency (USD).

$624,900

040

MLS® 20261070039

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size 4827 sqft

Garage

Taxes $6,517

Days Active 3

Lot Size 0.14 Acres

Approx. Age 1920

Avg. Price Per Sqft $129

MLS® Number 20261070039

Property Address: 221 Baldwin Ave, Pontiac, MI, 48342-1301

Average square foot calculated using Size range provided by listing agent.

Description

Fully Renovated Four-Unit Multifamily Investment Opportunity. This exceptional property has been completely renovated and features three 3- bedroom units and one spacious 4-bedroom unit., along with a separate house and vacant lot (Property ID# 1420335030, 1420335031). Major updates include brand-new mechanicals, electrical and plumbing providing a truly turnkey investment opportunity. All rental units are city certified. The property is already generating income, with one unit currently leased at $1, 600/month and the house generating $1, 700/month. Three additional units are currently vacant, offering significant immediate upside. Two of the vacant units have an estimated rental potential of approximately $1, 600/months each, while the fourth unit has the potential to rent for approximately $1, 800/month. At full occupancy, the projected gross monthly rental income is approximately $8, 300, based on the stated rents. The property also offers plenty of on-site parking and is zoned R-3, making this an excellent opportunity for investors looking for a renovated multifamily property with strong income potential and room to increase cash flow.

MLS® Number20261070039

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1920

BasementUnfinished

DrivewayLighted, Parking Lot

Garage Spaces

HeatForced Air, Natural Gas

A/CCentral Air

Extras

Map

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