27 Palmer Street
Pontiac, MI 48341
- – beds
- 4 baths
- 3,425 sqft
- 3,920 sqft lot
- $110 per sqft
- 1931 build
- – on site
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*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.
Listing courtesy of REALCOMP / Good Company
Last checked:
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Last updated Dec 28, 2024
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MLS# 20240011456 —
The Building
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Year Built:1931
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New Construction:false
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Construction Materials:Asbestos
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Architectural Style:Colonial
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Levels:Two
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Basement:Common, Unfinished
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Basement:true
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Foundation Details:Basement, Block
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Above Grade Finished Area:3425.0
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Below Grade Total Area:1721
Interior
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Fireplace:false
Room Dimensions
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Living Area:3425.0
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Living Area Source:PublicRecords
Location
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Directions:Head east on Huron towards Woodward. Turn right onto Palmer. The property is on the left.
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Cross Street:Huron & Woodward
The Property
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Parcel Number:1429358008
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Lot Size Acres:0.09
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Lot Size Area:0.09
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Lot Size Dimensions:80x150
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Feet:150
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (947) 414-0378
- Office phone:
- (248) 733-5811
Taxes
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Tax Legal Description:T3N, R10E, SEC 29 FOREST LAWN ADDITION N 80 FT OF LOT 33
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Tax Assessed Value:44060
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Tax Annual Amount:2755.0
Baths
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Bathrooms Total:4
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Bathrooms Full:4
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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High School District:Pontiac
The Community
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Subdivision Name:FOREST LAWN ADD
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:No
Parking
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Attached Garage:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Good Company
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/22/24
Mar 22, 2024
|
Sold | REALCOMP | $377,500 |