109 Cadillac Street, Pontiac, MI 48342
Local realty services provided by:ERA Prime Real Estate Group
109 Cadillac Street,Pontiac, MI 48342
$599,999
- - Beds
- 6 Baths
- 4,256 sq. ft.
- Multi-family
- Active
Listed by: parker mcinnis
Office: oak and stone real estate
MLS#:20261032530
Source:MI_REALCOMP
Price summary
- Price:$599,999
- Price per sq. ft.:$140.98
About this home
109 Cadillac St in Pontiac, MI presents a rare opportunity to acquire a truly one-of-a-kind multifamily investment property featuring six spacious 2-bedroom, 1-bath units, each offering approximately 825 square feet of living space. Every unit has its own private entrance and dedicated basement, creating a townhome-style feel that is highly desirable to tenants. What sets this property apart is that all six units are completely separately metered for gas, water, and electric, significantly reducing owner utility expenses and simplifying management. In addition, each unit has its own furnace, central air conditioning system, and hot water heater, giving tenants full control over their utilities and comfort. The property has seen extensive interior updates, including fresh paint, new flooring, and light bathroom upgrades throughout the units. Each basement also includes laundry hookups, adding convenience and additional tenant appeal. The roof is newer, helping minimize near-term capital expenses. Currently, five of the six units are occupied, with one unit intentionally left vacant to allow for easy walkthroughs and future leasing flexibility. At full occupancy, the property offers projected gross annual income of $90,000 a year, making this an exceptional turnkey investment opportunity with strong cash flow potential in the growing Pontiac market. PROPERTY FULLY APPROVED WITH THE PONTIAC HOUSING COMISH FOR THEIR VOUCHER PROGRAM....
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Home facts
- Year built:1929
- Listing ID #:20261032530
- Added:67 day(s) ago
- Updated:July 16, 2026 at 10:06 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Basement Description:Full, Unfinished
- Living area:4,256 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1929
- Building area:4,256 sq. ft.
- Lot area:0.46 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Exterior Features:Porch
- Foundation Description:Basement, Block
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$599,999
- Price per sq. ft.:$140.98
- Tax amount:$7,870
Features and amenities
- Laundry features:In Unit
Parking
- Parking description:Assigned, Parking Lot
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