Incredible opportunity to own a 29 unit apartment building in Pontiac. This property has been completely gutted and is ready for your vision and construction. With brand new water lines already installed and all plans approved by the city, the project is set up for a smooth transition and the approved plans will be provided to the new buyer. The building offers massive potential for rental income and the ability to create long term generational wealth. Included in the sale is an additional lot directly across the street, adding even more value and future possibilities. Priced below appraised value, this is a rare chance to secure a large scale project with endless upside. Selling for under $95,000 appraised AS IS Value.
20,175 Sq Ft
0.39 Private Acres Lot Size
commercial
$3,726 Annual Tax
Built in 1930
MLS/Listing ID 20251032199
29 Units
Heating - Forced Air
Heating - Natural Gas
Basement
Block
Construction - Brick