18 LORRAINE Court

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18 LORRAINE Court

Pontiac, Michigan

8 baths | 2,697 sqft | MLS# 215096843

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For more information on this property, please contact:

Anwar Jennings

313-283-1873 313-283-1873 Send email

DESCRIPTION

PRICE REDUCED! GOOD REVENUE PRODUCING INVESTMENT- 2 STORY BRICK BUILDING LOCATED ON QUIETER 1 WAY STREET CLOSE TO COURT HOUSE, HOSPITALS & DOWNTOWN. EIGHT TWO BEDROOM UNITS CURRENT OCCUPANCY 75%. 4 UPPER & 4 LOWER UNITS. HW FLOORS.UPPER UNITS EA HAVE AN ENCLOSED PORCH OFF MASTER BEDROOMS.LOWER UNITS HAVE DIRECT ACCESS TO THE BASEMENT.4 SEPARATE BASEMENTS;NEWER ELECTRIC PANELS; 8 FURNACES & 8 HOT WATER HEATERS -AGES VARY, REPLACED WHEN NEEDED BUT ELECTRICAL PANELS ARE ALL DONE. PRIVATE SEPARATE ENTRIES, FRONT ENTRY INTO COMMON FOYER, THEN EACH UPPER & LOWER HAS OWN SEPARATE ENTRY.4 COVERED FRONT PORCHES.MAJOR APPLIANCES ON SITE BELONG TO PROPERTY, EACH UNIT HAS STOVE & FRIDGE.FAIR CONDITION PROPERTY DOES NEED SOME WORK.TENANT OCCUPIED 48-72 HRS NOTICE TO SEE REPRESENTATIVE UNITS-CARETAKER MUST ACCOMPANY.IDRBNG BATVAI NET INCOME IS EST SUBJECT TO ACTUAL PROPERTY TAXES, WATER BILLS.ILLNESS FORCES SALE. PLEASE DO NOT DISTURB OCCUPANTS. NO COMMISSION FOR LICENSEE WHO IS BUYER.

FACTS

Full Baths: 8 Style: Upper/Lower Apartment,Other School District: Pontiac County: Oakland Status: Sold Listing Type: Multifamily Stories: 2 Story Cooling: Window Units 2+ Heating: Forced Air,Separate Meters

FEATURES

Sewer: Sewer-Sanitary Exterior: Brick Exterior Features: Outside Lighting,Private Entry Interior Features: Cable Available Water Heater: Gas,Separate Meters Directions: LORRAINE IS ONE WAY ENTER ON W PIKE;LORRAINE IS BETWEEN ORCHARD LAKE & HURON WEST OF WOODWARD BETWEEN WILLIAMS ST & FRANKLIN BL

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