tomo logo

$290,000

Beds
4
Baths
4.0
sq ft
3,514

174 W Pike St, Pontiac, MI 48341

174 W Pike St

Pontiac, MI 48341

  • Pending
Here's a unique opportunity to invest in a thriving market near downtown that has significant earning potential. This brick building features a combination of historic and trendy architectural design, along with modern updates such as original wood flooring, tile floors, and new countertops. This four-unit building has the potential to add a fifth unit, making it a valuable investment for those looking to expand their portfolio. A lot of the heavy lifting has been done with a few more updates to make this your own unique property. This Four-Plex boasts of great characteristics, with each unit being around 800 square feet.

Details

Property type

Single Family Residence

Est. home value

$188,646

Lot size

5,227 sq ft

Price per sq ft

$83

Year built

1930

Annual property taxes

$3,300

Price History

07/18/2024
Realcomp

Realcomp #20240040873

Pending
$290,000
06/11/2024
Realcomp

Realcomp #20240040873

Listed
$290,000
-17.14%
03/28/2024
Realcomp

Realcomp #81024000675

Removed
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pontiac

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Eileen Shaney Trust

Loan start date

October 2015

Original loan amount

$76,343

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Not Provided

Seller

Ricky Sherrell

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:00 PM

Listing updated: 07/18/2024 at 7:25 PM

Listed by: Montel Shaw, Arterra Luxe Collection LLC Phone #: (248) 733-5893

MLS: Realcomp #20240040873

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