Pontiac, MI 48340,1374 STANLEY AVE

$125,000

$139,900

10.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

4 Baths

2,160 SqFt


SOLD DATE : 12/29/2016

Key Details

Sold Price $125,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $57

Subdivision Walton Blvd Park Sub

MLS Listing ID 216092209

Sold Date 12/29/16

Style Quadruplex

Bedrooms 4

Full Baths 4

Originating Board Realcomp II Ltd

Year Built 1940

Annual Tax Amount $1,442

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions X13031.05

Property Description

Great money maker. All long term tenants. Requires 48 hour notice to show. Nice large private yard, 2 separate shared basements ideal for storage. Corner of street with units on 2 streets. Private entrances. Porches, Priced below market value. Price is just 6 x the net income per year. 17% return on the investment at purchase price. Land contract terms negotiatable. Quiet , safe location as well. Copies of leases and cash flow with expenses in documents online here

Location

State MI

County Oakland

Area Pontiac

Zoning Multi-Family

Direction go south on Baldwin from Walton, make a right on Princeton, make a right on stanley

Rooms

Basement Common

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Exterior Feature Fenced, Private Entry

Garage Spaces 15.0

Pool No

Roof Type Asphalt

Porch Porch - Covered

Road Frontage Paved

Building

Foundation Basement, Crawl

Sewer Sewer-Sanitary

Water Municipal Water

Architectural Style Quadruplex

Level or Stories 1 Story

Structure Type Stone

Schools

School District Pontiac

Others

Pets Allowed Yes

Tax ID 1417102046

Ownership Private Owned,Short Sale - No

SqFt Source PRD

Assessment Amount $232

Acceptable Financing Cash, Conventional, FHA, FHA 203K, Land Contract, VA

Rebuilt Year 2004

Listing Terms Cash, Conventional, FHA, FHA 203K, Land Contract, VA

Financing Cash,Conventional,FHA,FHA 203K,Land Contract,VA

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Realcomp MLS
Listed by RE/MAX Crown Properties
Bought with Non Realcomp Office
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.