398 N Saginaw Street
Pontiac, Michigan 48342
4
Bed
2
Bath
1,620Sqft
0.16Acre(Lot)
Turnkey 2-unit income property capable of producing a 10% + cap rate in the heart of Pontiac! The return on investment (ROI) makes this building profitable. This well-laid-out up and down flat features two separate units furnished, each offering 2 bedrooms and 1 full bath, providing excellent rental potential and strong cash-flow opportunity. Ideal for buy-and-hold investors or owner-occupy whole property or house hack by living in one unit and leasing out the other to offset their mortgage. Possible Airbnb and or VRBO venture for income versatility. Each unit includes its own kitchen and living space, creating functional, desirable layouts for tenants. A full basement adds additional storage potential, and the 2.5-car detached garage provides valuable parking and utility a major tenant b
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Porches: PorchInterior Features
Smoke Alarm,Cable Available,Carbon Monoxide Alarm(s),Circuit Breakers,Entrance Foyer,24 Hour Security,Building Security,Closed Circuit Camera(s),Exterior Video Surveillance,Fire Alarm Roof: Asphalt Basement Description: Unfinished -
Heating & Cooling
Cooling: Ceiling Fan(s) Heating: Forced Air,Separate Meters Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1910 Building Stories: 2 Story Total Units: 2 Roof: Asphalt Foundation/Basement: Basement Architecture: Colonial,Early American -
Exterior Features
Lighting,Private Entry,Fenced Construction: Other -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Other Water Heat: Natural Gas
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Lot Information
Lot Size: 0.16 Lot Dimensions: 41.66X170 Frontage Feet: 41 -
Property Information
SQ ft: 1620 Subdivision: Pound Add Financing: Cash,Contract,Conventional,FHA,Trade/Exchange,VA
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Listing Price Information
Original List Price: $250,000 -
Listing Information
Possession: At Close Legal Description: T3N, R10E, SEC 29 POUND ADDITION LOT 1
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Tax Information
Annual Tax: $2,648 Parcel Number: 1429226005Possession
At CloseLegal Information
Legal Description: Section: T3N, R10E, SEC 29 POUND ADDITION LOT 1
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Unit 2 Information
# of Bedrooms: 2
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School Information
School District: Pontiac -
Utility Information
Water: Other Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 25 Maynard Court , Pontiac, MI, 48342 | $1,950,000 | 36 | 12 | 10,886 | 10,886 SqFt |
| 132 E Howard Street , Pontiac, MI, 48342 | $199,997 | 4 | 2 | 1,600 | 1,600 SqFt |
| 98 S Edith Street , Pontiac, MI, 48342 | $825,000 | 6 | 11 | 5,000 | 5,000 SqFt |
| 109 Cadillac Street , Pontiac, MI, 48342 | $599,999 | 4 | 6 | 4,256 | 4,256 SqFt |
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ByOwner last updated this listing 06/24/2026 @ 19:39
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