9470 PONTIAC LAKE RD Whitelake MI 48386 MLS #20240009340

9470 PONTIAC LAKE RD
Whitelake, MI, 48386
$1,160,000
Beds
15 Baths
2,700 SqFt
1.72 Acres
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ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND PRE-APPROVAL BEFORE REQUESTING A SHOWING.

Property Details

Price:
$1,160,000
MLS #:
20240009340
Status:
Active
Beds:
0
Baths:
15
Address:
9470 PONTIAC LAKE RD
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
02121 – White Lake Twp
City:
Whitelake
Listed Date:
Feb 16, 2024
State:
MI
Finished Sq Ft:
2,700
ZIP:
48386
Lot Size:
74,923 sqft / 1.72 acres (approx)
Year Built:
1965
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Andrea Stephan

Andrea Stephan

Realtor®

Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Waterford

Interior

Bathrooms
14 Full Bathrooms, 1 Half Bathroom
Heating
Baseboard, Natural Gas

Exterior

Architectural Style
Colonial
Construction Materials
Block, Wood Siding
Parking Features
Two Car Garage
Parking Spots
15
Roof
Asphalt

Financial

Net Operating Income
$83,820
Taxes
$15,019

Map

Community

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Courtesy of 365 REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Stephan Group Real Estate Team include the name of the listing broker. Neither the listing company nor Stephan Group Real Estate Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
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9470 PONTIAC LAKE RD
Whitelake, MI