$240,000

74 Newberry Street, Pontiac City Oakland Michigan, 48341

Price per sqft$86.49

Built in1950

Property size2,775 sqft

Property typeMulti-family

Overview

Active

Listed Sep 2, 2026

Updated 6 days ago

6-Unit Value-Add Investment Opportunity! Currently 1 units are occupied at $1,010/month, while 5 units are vacant and offer significant upside through lease-up and improvements. The property consists of 4 one-bedroom units, 1 two-bedroom unit, and 1 studio. Potential rents are approximately $1,010/month for each 1-bedroom, $1,200/month for the 2-bedroom, and $600/month for the studio, providing potential gross rental income of approximately $6,040/month ($72,480 annually) when fully leased. Great opportunity for an investor to renovate, stabilize occupancy, increase NOI, and build equity.

$1,597/mo

Est. mortgage payment based on a $240,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS^® ID: 20261070496

Interior Features

Bathrooms: 6
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.14 Acres

Other Property Details

Taxes: $5,278
Tax Frequency: Annually
Pets Allowed: Yes
55+/Senior Community: No

Courtesy of Braven Enterprises LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Christine Champlin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 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.

Data last updated 3:42 AM UTC, 10/6/2026

$240,000

Overview

$1,597/mo

Down payment--

Loan details30-year fixed, 7%

Property tax--

HOA fees--

Additional information

Interior Features

Exterior Features

Other Property Details