109 Cadillac, Pontiac, MI 48342
Local realty services provided by:CENTURY 21 Signature Realty
109 Cadillac,Pontiac, MI 48342
$599,999
- - Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: parker mcinnis
Office: oak and stone real estate
MLS#:60990865
Source:MI_REALSOURCE
Price summary
- Price:$599,999
About this home
109 Cadillac St in Pontiac, MI presents a rare opportunity to acquire a truly one-of-a-kind multifamily investment property featuring six spacious 2-bedroom, 1-bath units, each offering approximately 825 square feet of living space. Every unit has its own private entrance and dedicated basement, creating a townhome-style feel that is highly desirable to tenants. What sets this property apart is that all six units are completely separately metered for gas, water, and electric, significantly reducing owner utility expenses and simplifying management. In addition, each unit has its own furnace, central air conditioning system, and hot water heater, giving tenants full control over their utilities and comfort. The property has seen extensive interior updates, including fresh paint, new flooring, and light bathroom upgrades throughout the units. Each basement also includes laundry hookups, adding convenience and additional tenant appeal. The roof is newer, helping minimize near-term capital expenses. Currently, five of the six units are occupied, with one unit intentionally left vacant to allow for easy walkthroughs and future leasing flexibility. At full occupancy, the property offers projected gross annual income of $90,000 a year, making this an exceptional turnkey investment opportunity with strong cash flow potential in the growing Pontiac market. PROPERTY FULLY APPROVED WITH THE PONTIAC HOUSING COMISH FOR THEIR VOUCHER PROGRAM....
Contact an agent
Home facts
- Year built:1929
- Listing ID #:60990865
- Added:15 day(s) ago
- Updated:May 23, 2026 at 10:25 AM
Rooms and interior
- Total bathrooms:6
- Full bathrooms:6
- Basement Description:Block
Heating and cooling
- Cooling:Ceiling Fan(s), Central A/C
- Heating:Forced Air
Structure and exterior
- Year built:1929
- Lot area:0.46 Acres
- Construction Materials:Brick
- Exterior Features:Porch
- Foundation Description:Basement, Block
- Levels:1 Story
Utilities
- Water:Public Water
Finances and disclosures
- Price:$599,999
- Tax amount:$7,870
New listings near 109 Cadillac
- New
$239,900Active4 beds 2 baths1,767 sq. ft.649 Lounsbury, Pontiac, MI 48340
MLS# 60995192Listed by: MATCH REALTY - New
$169,000Active3 beds 2 baths1,016 sq. ft.635 Lounsbury Avenue, Pontiac, MI 48340
MLS# 20261029189Listed by: KELLER WILLIAMS LAKESIDE - New
$123,900Active2 beds 1 baths747 sq. ft.77 W Rutgers, Pontiac, MI 48340
MLS# 60994804Listed by: REAL ESTATE ONE - New
$99,900Active3 beds 1 baths1,000 sq. ft.196 Beach, Pontiac, MI 48342
MLS# 60994892Listed by: OXFORD PROPERTY GROUP - New
$6,000Active0.11 AcresN Roselawn N Roselawn, Pontiac, MI 48342
MLS# 60994919Listed by: TOLLBROOK BROKERAGE LLC - New
$18,000Active0.07 Acres101 Michigan, Pontiac, MI 48342
MLS# 60994921Listed by: TOLLBROOK BROKERAGE LLC - New
$6,000Active0.18 Acres16 Lull, Pontiac, MI 48341
MLS# 60994922Listed by: TOLLBROOK BROKERAGE LLC - New
$14,900Active0.12 Acres0000 Owego, Pontiac, MI 48341
MLS# 60994923Listed by: TOLLBROOK BROKERAGE LLC - New
$99,900Active3 beds 1 baths1,000 sq. ft.196 Beach Street, Pontiac, MI 48342
MLS# 20261036861Listed by: OXFORD PROPERTY GROUP - New
$499,877Active3 beds 3 baths2,385 sq. ft.1127 Williamson, Pontiac, MI 48340
MLS# 50208211Listed by: BROOKSTONE, REALTORS LLC