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$154,999   Price Analysis
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88 Palmer St
Pontiac, MI 48341
2 bed 3 bath 1,346 SqFt ($115/SqFt)
3,049SqFt lot. Built 1900
Listed 2024-02-15, Taxes $945		Ⓧ USDA Ineligible
due to location
near Pontiac

Charming 1900 bungalow transformed into a three-unit multi-family residence.

* No Longer For Sale *
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A cozy interior corridor connects two units on the fi rst floor (a studio and a one-bedroom) while the second floor features a sizeable one-bedroom with a den. Currently, both one-bedroom units are leased, while the studio is available following a rcent vacancy.

With potential monthly rents exceeding $2, 000, this property is conveniently situated near downtown, the hospital and the expressway. Turnkey rental property. Showings are available upon submission of a Letter of Intent (LOI). Buyer to verify all information (BTVAI).


Presented by Christopher Cichocki at
Select Real Estate Professionals.


Property MLS #20240008975 from Realcomp

Bedrooms: 2

Total Bathrooms: 3 / 0
Full Bathrooms: 3

Laundry Facility

Cooling Features: Cooling: Ceiling Fan(s), Window Unit(s)
Heating Features: Forced Air
Heating Fuel: Natural Gas

Basement Description: Interior Entry (Interior Access), Partially Finished

Frontage Length: 50
Road Frontage Type: Paved

Lot Size Acres: 0.07
Lot Size Dimensions: 53x67
Lot Size Square Feet: 3049

Gross Scheduled Income: 23940.00

Number of Units: 3
Number of Studio Units: 1
Number of 1 Bedroom Units: 2

School District: Pontiac

Whitman Elementary School is a public elementary school located approximately 1.1 miles away.
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Pontiac Middle School is a public middle school located approximately 2.9 miles away.
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Pontiac High School is a public high school located approximately 3 miles away.
directions icon Map directions

Trinity Christian Academy is a private elementary and middle school located approximately 0.6 miles away.
directions icon Map directions

Pets Allowed: Yes

ActivationDate : 2024-02-15
Annual Tax Amount: 2053
Source Listing Status: Sold
County: Oakland
Directions: South of Huron Street, east of Johnson Avenue, North of Orchard Lake Road, on westside of Palmer Street
Source Property Type: Multifamily
Area: Pontiac
Source Neighborhood: FOREST LAWN ADD
Ownership Type: Short Sale - No, Private Owned
Parcel Number: 1429357007
Postal Code Plus 4: 1741
Subdivision: FOREST LAWN ADD
Zoning: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2021$unknown + $unknown
$26,250		$945
2020$unknown + $unknown
$23,440		$950
2019$unknown + $unknown
$20,920		$869
2018$unknown + $unknown
$18,840		$795
2017$unknown + $unknown
$17,740		$776
2016$unknown + $unknown
$16,120		$864
2015$unknown + $unknown
$14,020		$830
2014$unknown + $unknown
$12,710		$974
2013$unknown + $unknown
$12,080		$1,019
2012$unknown + $unknown
$14,540		$943
2011$unknown + $unknown
$17,560		$1,031
2010$unknown + $unknown
$23,020		$1,107
2009$unknown + $unknown
$28,800		$1,100
2008$unknown + $unknown
$36,060		$1,002
2007$unknown + $unknown
$38,740		$1,024

Sold 2024-06-07
$150,000
Realcomp
Price Changed 2024-05-06
$154,999
Realcomp
Listed 2024-02-15
$164,999
Realcomp
Sold 2022-06-14
$130,000
Public Record
Listing removed 2016-04-12
$94,900
Realcomp
Listed 2016-02-23
$94,900
Realcomp

Total Square Feet Living: 1346
Year Built: 1900
Construction Materials: Vinyl
Foundation Details: Basement
Property Age: 124
Roof: Asphalt, Composition
House Style: Bungalow
Total Below Grade Area: 698

Sewer: Public Sewer (Sewer-Sanitary)
Water Source: Public (Municipal)

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.