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702 E BEVERLY Avenue Pontiac, MI 48340 2911
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Key Details
Sold Price $87,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 630 sqft
Price per Sqft $138
Subdivision Le Baron Farm Sub No 1
MLS Listing ID 60190052
Sold Date 03/27/23
Style 1 Story
Bedrooms 2
Full Baths 1
Abv Grd Liv Area 630
Year Built 1926
Annual Tax Amount $554
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40.00 x 133.00
Property Description
**TURN-KEY AIRBNB** Short-term rental investors, this is your opportunity to add a turn-key AirBNB property with a long track record (2018-2022) of operating to your portfolio! The home is being sold fully furnished and outfitted. The property is located on a corner lot and features 2 bedrooms, a cozy kitchen built for efficiency, a living room, laundry room, and full bath, as well as a spacious yard! This property generated almost 14K net income in 2022, giving it a stellar 14.5% cap rate after all expenses. This property is located just minutes away from downtown Pontiac and all of the restaurants, nightlife, and industry that Pontiac has to offer! Ask your Realtor for the P & L statements for 2018-2022
Location
State MI
County Oakland
Area Pontiac (63142)
Interior
Heating Forced Air
Appliance Range/Oven, Refrigerator
Exterior
Garage No
Building
Story 1 Story
Foundation Crawl
Water Public Water
Architectural Style Ranch
Structure Type Aluminum,Vinyl Siding
Schools
School District Pontiac City School District
Others
Ownership Private
Assessment Amount $64
Energy Description Natural Gas
Acceptable Financing FHA
Listing Terms FHA
Financing Cash,Conventional
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Bought with Max Broock Realtors Oxford