$110,000

323 Ferry Ave Pontiac, MI 48341

Estimated payment $749/month

Total Views 285,317
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 2 Fireplaces
  • Forced Air Heating System
  • High Speed Internet

About This Home

Investor Special! This triplex at 323 Ferry Ave, Pontiac, MI 48341 offers three 1-bed, 1-bath units, each previously rented at $750/month, generating a projected cash flow of $2,250/month. A great opportunity for savvy investors looking to add value, as city upgrade requirements are attached. Property is being sold as-is, allowing you to bring your vision to life. Don't miss this chance to invest in Pontiac's growing rental market! Land Contract Available.

Listing Agent

Michael Weinraub

Vantage Realty Group, LLC License #6501416052 Listed on: 03/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,983

Year Built

  • Built in 1910

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 40.00 x 150.00

Parking

  • 6 Parking Spaces

Home Design

  • Tile Roof
  • Aluminum Siding

Interior Spaces

  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • 2 Buildings
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,983

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1910
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40.00 x 150.00
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 2.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Roofing:Tile: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 2
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Aluminum Siding
  • List Price: 110000.0
  • Number of Buildings: 2
  • Roof: Tile
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Exterior Material:Aluminum Siding: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Info:Total Parking Spaces: 6.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Available, Natural Gas Connected, Electricity Connected

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 40.00 x 150.00
  • Lot Size Sq Ft: 6011.0

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 1983.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,431 $28,240 $0 $0
2023 $1,364 $24,810 $0 $0
2022 $875 $20,920 $0 $0
2021 $1,349 $18,570 $0 $0
2020 $647 $16,360 $0 $0
2019 $2,722 $14,100 $0 $0
2018 $706 $12,680 $0 $0
2017 $2,141 $12,100 $0 $0
2016 $954 $11,790 $0 $0
2015 -- $11,010 $0 $0
2014 -- $10,780 $0 $0
2011 -- $16,480 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2025 03/25/25 For Sale $110,000 -8.3% --
08/01/2022 08/01/22 Sold $120,000 0.0% $109 / Sq Ft View Prior Sale
07/15/2022 07/15/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $120,000 -- $109 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 --
Warranty Deed $120,000 Bell Title
Interfamily Deed Transfer -- None Available
Source: Public Records

About the Listing Agent

Michael Weinraub

Vantage Realty Group, LLC

(810) 428-1434

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  • 5836 Kings Arms Ct, Waterford, MI 48327

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Source: Southwestern Michigan Association of REALTORS®

MLS Number: 25011526

Southwestern Michigan Association of REALTORS®

APN: 14-33-451-034