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59 Monroe St - Monroe Manor Multifamily Building
ABOUT 59 MONROE ST , PONTIAC , MI 48341
| Price | Not Individually For Sale | Building Class | C |
| Property Type | Multifamily | Lot Size | 0.52 AC |
| Property Subtype | Apartment | Parking Ratio | 1.01/1,000 SF |
| Price | Not Individually For Sale |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.52 AC |
| Parking Ratio | 1.01/1,000 SF |
EXECUTIVE SUMMARY
64-unit mid-rise multi-family for sale
Immense opportunity for capitalized buyer
Vintage 5-story building
Occupancy 63%
All rent-ready units occupied
Quiet, crime-free residential neighborhood
Near vibrant downtown Pontiac
Built in 1929, potential to obtain historical tax credits for additional renovations
2014 taxes $17,052.04
Sale asking price $1,200,000, or $18,750 per unit
Seller financing available
Immense opportunity for capitalized buyer
Vintage 5-story building
Occupancy 63%
All rent-ready units occupied
Quiet, crime-free residential neighborhood
Near vibrant downtown Pontiac
Built in 1929, potential to obtain historical tax credits for additional renovations
2014 taxes $17,052.04
Sale asking price $1,200,000, or $18,750 per unit
Seller financing available
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