98 S Edith Street
Pontiac, Michigan 48342
6
Bed
11
Bath
5,000Sqft
0.34Acre(Lot)
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 cas
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 11 Full Baths: 11 -
Interior Features
Circuit Breakers,Laundry Facility Basement Description: Partially Finished -
Heating & Cooling
Heating: Wall Furnace Heating Fuel: Natural GasWater Heater
Natural Gas
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Building Information
Year Built: 1930 Building Stories: 2 Story Total Units: 11 Foundation/Basement: Basement Architecture: Upper/Lower Apartment -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Other Water Heat: Natural Gas
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Lot Information
Lot Size: 0.34 Lot Dimensions: 125x120 Frontage Feet: 125 -
Property Information
SQ ft: 5000 Subdivision: Citizens Dev Co Add Financing: Cash,Conventional,Trade/Exchange
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Listing Price Information
Original List Price: $825,000 -
Listing Information
Possession: At Close Legal Description: T3N, R10E, SEC 28 CITIZEN'S DEVELOPMENT COMPANY'S ADDITION LOT 145 TO 147 INCL.
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Tax Information
Annual Tax: $7,307 Parcel Number: 1428481022Possession
At CloseLegal Information
Legal Description: Section: T3N, R10E, SEC 28 CITIZEN'S DEVELOPMENT COMPANY'S ADDITION LOT 145 TO 147 INCL.
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Unit 1 Information
# of Bedrooms: 6
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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 |
|---|---|---|---|---|---|
| 344 N Perry Street , Pontiac, MI, 48342 | $150,000 | 4 | 2 | 1,586 | 1,586 SqFt |
| 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 |
| 398 N Saginaw Street , Pontiac, MI, 48342 | $250,000 | 4 | 2 | 1,620 | 1,620 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 06/12/2026 @ 19:27
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