$110,000
Pontiac, MI 48341
MLS# 26001921
1 / 29
Property Description
Investor Special - Value-Add Triplex Opportunity! Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors. The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details. Don't miss the chance to unlock the potential of this income-producing property.
Details
Maps
Location & Property Info
Cross Streets: South BLVD and MLK
Property Sub-Type: 2 to 4 Units
Area: Oakland County - 70
Municipality: Pontiac City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 58.45
General Property Info
New Construction: No
Lot Dimensions: 40.00 x 150.00
Road Frontage: 40
Waterfront: No
Basement: Yes
Total # Units: 3
# of Diff Unit Floor Plans: 1
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 1882
Total Parking Spaces: 6
School District: Pontiac
Lot Measurement: Acres
Lot Square Footage: 6011
Lot Acres: 0.14
Year Built: 1910
Tax Info
Taxable Value: 26850
SEV: 30540
For Tax Year: 2025
Seller's Annual Property Tax: 1687
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 14-33-451-034
Remarks & Misc
Public Remarks: Investor Special - Value-Add Triplex Opportunity!
Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex features three 1-bedroom, 1-bath units, each previously rented at $750 per month, offering a projected gross income of $2,250/month when fully performing. This is a solid value-add opportunity for savvy investors.
The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. Land Contract available, making this an attractive option for buyers looking for flexible terms. Call for land contract details.
Don't miss the chance to unlock the potential of this income-producing property.
Legal: T3N, R10E, SEC 33 SUB OF S 1/2 OF LOT 231 & ALL OF LOTS 232-233-234 OF FERRY FARM ADDITION LOT 313
Util Avail at Street
High Speed Internet: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Land Contract: 1
Exterior Material
Aluminum Siding: 1
Roofing
Tile: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Tenant Pays
None: 1
Substructure
Full: 1
Owner Pays
Electricity: 1
Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 1 bed 1 bath
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1 Bed 1 Bath
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1 bed 1 bath
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Oakland
Street #: 323
Street Name: Ferry
Suffix: Avenue
State: MI
Zip Code: 48341
Zip (4): 3218
OfficeContract Info
Status: Active
Current Price: $110,000
List Price: $110,000
Listing Date: 2026-01-15
Remarks Misc
Directions: South BLVD OR MLK to Ferry
Property Features
Exterior Material: Aluminum Siding
Roofing: Tile
Substructure: Full
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: High Speed Internet; Natural Gas Available
Owner Pays: Electricity; Gas; Sewer; Trash Collection; Water
Tenant Pays: None
Heat Source: Natural Gas
Heat Type: Forced Air
Terms Available: Cash; Conventional; Land Contract
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: Vantage Realty Group, LLC
Listing Agent: Michael Weinraub
Last Updated: March - 24 - 2026
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