323 Ferry Ave Pontiac, MI 48341
Estimated payment $742/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $120,000 | -- | |
| Warranty Deed | $120,000 | Bell Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: MichRIC
MLS Number: 25011526
APN: 14-33-451-034
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Information is deemed reliable but not guaranteed.
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