74 Newberry Street, Pontiac, MI 48341

Pontiac
Local realty services provided by:ERA Prime Real Estate Group
74 Newberry Street,Pontiac, MI 48341
$250,000
  • - Beds
  • 6 Baths
  • 2,775 sq. ft.
  • Multi-family
  • Active
Listed by: najuka sakpal
Office: braven enterprises llc.
MLS#:20261070496
Source:MI_REALCOMP

Price summary

  • Price:$250,000
  • Price per sq. ft.:$90.09

About this home

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.

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Home facts

  • Year built:1950
  • Subdivision & Development:RECREATION PARK ADD
  • Listing ID #:20261070496
  • Added:2 day(s) ago
  • Updated:September 04, 2026 at 10:34 AM

Rooms and interior

  • Total bathrooms:6
  • Full bathrooms:6
  • Basement Description:Partial, Unfinished
  • Living area:2,775 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1950
  • Building area:2,775 sq. ft.
  • Lot area:0.14 Acres
  • Architectural Style:Tudor
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$90.09
  • Tax amount:$5,277
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