98 S Edith Street Pontiac, MI $ 825,000
98 S Edith Street
$ 825,000
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98 S Edith Street

Pontiac, MI, 48342
$ 825,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 5,080

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98 S Edith Street, Pontiac, MI 48342 - Image 12
98 S Edith Street, Pontiac, MI 48342 - Image 13

Commercial Property for sale in Pontiac, MI

for $825,000. This 5,000 square foot building was built in 1930 on a lot size of 0.34.

Great investment property in a highly profitable area! This 11-unit apartment building just had renovations finished last week. 10 out of the 11 units were fully renovated including; new flooring, kitchens, bathrooms, and wall furnaces. The building has brand new PEX plumbing throughout, updated breaker boxes, and the roof was just recoated in the fall. There are laundry hook-ups on site with the potential for coin laundry. All units have separate gas and electric meters. The one un-renovated unit has a long term section 8 tenant in place paying $975/month. Total Market Rent- $10,225 (One beds $975, Studios $875) Utilities not paid by tenants - $740-840/month Insurance - $525/month Taxes - $7,300/year This building just needs a new owner ready to place tenants and bring in all the cash flow. Reach out before it's gone!

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Commercial Active

Price

$ 825,000

Property Type

Commercial

Taxes

$ 7,307

Style

BusinessandRealEstate

Lot Size

0.34

Year Built

1930

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20261008827

Features
General
Sewer PublicSewer
Heating NaturalGas WallFurnace
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1930
Electric CircuitBreakers
Levels Two
Property Subtype BusinessandRealEstate
Current Use MultiFamily
Business Type Apartments
County Oakland
Net Operating Income 99620.0
Operating Expense 23080.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name CITIZENS DEV CO ADD
Garage Y/N N
Status Active
Directions West of Martin Luther King North of Auburn
City PontiacCity_Oakland
Senior Community Y/N N
High School District Pontiac
Zoning Description MultiFamily
Number Of Units Total 11
MLS Area Area02142Pontiac
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 7307.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 128340
Expected Active Date 2026-02-12
Legal Description T3N R10E SEC 28 CITIZEN'S DEVELOPMENT COMPANY'S ADDITION LOT 145 TO 147 INCL.
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Exterior
Parking Features ParkingLot
Water Source Other
Foundation Details Basement Block
Spa N
Building Area Total 4804.0
Lot Dimensions 125x120
Lot Size Acres 0.34
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 5000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 98
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* Excluded Features
List By
Brett McKinney

Listing Agent

Keller Williams Paint Creek

Broker

(586) 879-7486

Phone

Affordability Calculator

$5,689
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,080
Monthly Property Taxes
$609
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848877 Elementary School
847985 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$825,000 Listed Price

Map


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98 S Edith Street, Pontiac, MI, 48342 is a Commercial Property for sale at $825,000 with 5,000 sqft and a lot size of 0.34. 98 S Edith Street was built in 1930. The property's zip code is 48342 which is in Pontiac, MI