138 W COLUMBIA AVE Pontiac, MI 48340

Your search for the perfect Investment stops here! This is a rare opportunity to own a 5 unit complex zoned Commercial/Apartment Improved. Units are 100% leased. Includes (4) 1 Bedroom Studios and (1) 2 Bedroom unit. There is a huge upside to this investment. Current owner pays water, electric and gas. A new owner can change all leases to a triple net format lease and leave current monthly rentals at same rent. This will take the investment from a 11.5 CAP to an 18.5 CAP. All units have separate gas and electric meters. All units include a stove and Refrigerator. The 2 Bedroom unit includes a washer and dryer. New roof in 2019. End cap unit was recently remodeled with new furnace, hot water tank and appliances. Don't miss out, this will not last!