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98 S Edith Street Pontiac, MI $ 825,000
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$ 825,000 Get more info
98 S Edith Street
$ 825,000
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98 S Edith Street

Pontiac, MI, 48342
$ 825,000
Baths11.0 Sq 6,300

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
Studio

Multi-Family Home for sale in Pontiac, MI

for $825,000 with 11 full baths. This 6,300 square foot home 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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Multi-Family Active

Price

$ 825,000

Bedrooms

Studio

Full Bath

11

Property Type

Multi-Family

Taxes

$ 7,307

Style

Upper Lower Apartment

Lot Size

0.34

Year Built

1930

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

20261009434
Features
General
Sewer PublicSewer
Heating NaturalGas WallFurnace
Possession AtClose
Garage Spaces 0.0
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials Brick
Pets Allowed No
Year Built 1930
Electric CircuitBreakers
Levels Two
Property Subtype MultiFamily
County Oakland
Net Operating Income 99620.0
Operating Expense 23080.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CITIZENS DEV CO ADD
Garage Y/N N
Full Baths 11
Status Active
Directions West of Martin Luther King North of Auburn
City PontiacCity_Oakland
Disclosures ProjectedIncome TaxesNotHomesteadExempt
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 2026-02-15
Legal Description T3N R10E SEC 28 CITIZEN'S DEVELOPMENT COMPANY'S ADDITION LOT 145 TO 147 INCL.
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Interior
Basement PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 5000.0
Half Baths 0
Laundry Features GasDryerHookup WasherHookup
Below Grade Finished Area 1300.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 11
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Exterior
Parking Features ParkingLot
Water Source Other
Total Parking 13.0
Foundation Details Basement Block
Spa N
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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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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/16/2026$825,000 Listed Price

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98 S Edith Street, Pontiac, MI, 48342 is a Multi-Family Home for sale at $825,000 with 6,300 sqft and a lot size of 0.34. 98 S Edith Street is a studio with 11.0 baths and was built in 1930. The property's zip code is 48342 which is in Pontiac, MI

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