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Christopher Hubel

(248) 568-6030

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400 S Old Woodward Ave Ste 100
Birmingham MI 48009

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  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street
  • 27 Palmer Street

$377,500

27 Palmer Street, Pontiac, MI 48341 1771

  • Bathrooms

    4

  • Sq.Ft.

    3,425

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Property Description

*Multiple offers received* Highest & best offers are due by 8 am on Monday 03/04/2024. Discover the perfect blend of historical charm and modern sophistication with this meticulously renovated 4-unit multifamily home, situated in the heart of Pontiac's prestigious Franklin Boulevard Historic District. This exceptional property represents a rare investment opportunity. Each of the four units, approximately 700 sqft each have been updated with luxurious finishes including durable laminate flooring, elegant granite countertops, and sophisticated marble tiling in the bathrooms. The inclusion of all new appliances in each unit adds significant value, ensuring convenience and efficiency for everyday living. Additionally, the basement features four brand new furnaces, water heaters, and electrical panels, representing a major upgrade to the property's infrastructure for safety and functionality. An attractive aspect of this investment is the potential for each unit to bring in approximately $1,300 in rent monthly, offering a strong income stream for the prospective owner. This projected rental income underscores the property's significant investment potential, bolstered by its prime location, luxurious updates, and modern amenities. Don't miss this rare opportunity to own or invest in a piece of Pontiac's history with all the modern upgrades, providing an unmatched value and potential for any investor.

Overview

Property Status
Sold
Lot Size
3,920.4 Sq.Ft.
MLS ID
60290041
Property Type
Residential
Year Built
1931

Features & Amenities

Neighborhood
Pontiac
Architecture Styles
Colonial
Stories
2
Water Source
Public
Heat Type
Forced Air
Sewer
Public Sanitary
Substructure
Basement
School District
Pontiac City School District
Sales Price
$377,500
Real Estate Tax
$2,755/yr

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27 Palmer Street

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    License #6501406271

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    Christopher Hubel

    (248) 568-6030

    400 S Old Woodward Ave Ste 100 Birmingham MI 48009

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    Christopher Hubel

    (248) 568-6030

    400 S Old Woodward Ave Ste 100 Birmingham MI 48009