Front
Active

74 Newberry Street

Pontiac, Michigan 48341
Mark as Favorite
Bed 6

Bed

Bath 6

Bath

SqFt2,775

Sqft

Acres0.14

Acre(Lot)

6-Unit Value-Add Investment Opportunity! Currently 2 units are occupied at $1,010/month each, while 4 units are vacant and offer significant upside through lease-up and improvements. The property consists of 4 one-bedroom units, 1 two-bedroom unit, and 1 studio. Potential rents are approximately $1,010/month for each 1-bedroom, $1,200/month for the 2-bedroom, and $600/month for the studio, providing potential gross rental income of approximately $6,040/month ($72,480 annually) when fully leased. Great opportunity for an investor to renovate, stabilize occupancy, increase NOI, and build equity.

Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Multifamily

Price : $240,000

AD Id : 91549842

MLS Id : 20261070496

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 2,775 Sq. Ft

Tax Amount : $5,277.87

Year Built : 1950

County : Oakland

Subdivision: Recreation Park Add

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 6 Full Baths: 6
  • Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Baseboard Heating Fuel: Electric

  • Building Information

    Year Built: 1950 Building Stories: 2 Story Total Units: 6 Foundation/Basement: Basement Architecture: Tudor
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.14 Lot Dimensions: 48X123 Frontage Feet: 48
  • Property Information

    SQ ft: 2775 Subdivision: Recreation Park Add Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    Original List Price: $250,000
  • Listing Information

    Possession: At Close Legal Description: T3N, R10E, SEC 30 RECREATION PARK ADD W 28.90 FT OF LOT 73, ALSO E 19.10 FT OF LOT 74

  • Tax Information

    Annual Tax: $5,278 Parcel Number: 1430403018
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: T3N, R10E, SEC 30 RECREATION PARK ADD W 28.90 FT OF LOT 73, ALSO E 19.10 FT OF LOT 74

  • Unit 1 Information

    # of Bedrooms: 4
  • Unit 2 Information

    # of Bedrooms: 1

  • School Information

    School District: Pontiac
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
Sell a home like this and save $13,901 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
196 Bondale Avenue , Pontiac, MI, 48341 $225,000 4 2 1,075 0.19 Acre
156 Mark Avenue , Pontiac, MI, 48341 $249,000 4 3 1,854 0.14 Acre
51 Spokane Drive , Pontiac, MI, 48341 $1,900,000 36 18 12,746 1.15 Acres
324 Liberty Street , Pontiac, MI, 48341 $199,000 4 2 916 0.12 Acre
MLS Logo

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 10/01/2026 @ 13:48

MLS: 20261070496 LISTED BY: Najuka Sakpal , Braven Enterprises LLC 248-457-5499 SOURCE: Realcomp II Ltd

Homes around $240,000

Selling? Save $13,901 when you sell a home like this

Tour with a ByOwner Agent