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323 Ferry Ave, Pontiac, MI, 48341
Pontiac Triplex Value-Add Opportunity

323 Ferry Ave Pontiac, MI 48341

For Sale
$100,000
Pending

Triplex in Pontiac, MI. Value-add opportunity with land contract.

Days on Market94

Property Features for 323 Ferry Ave

General Information

Standard status
Pending
Property subtype
Investment

Building Details

Year Built
1910
Listing Agency: Vantage Realty Group, LLC
Listed By: Michael Weinraub
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 26 at 12:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vantage Realty Group, LLC


Investment Insights

Based on property information with market context.

Located at 323 Ferry Ave, Pontiac, MI 48341, this triplex presents a value-add opportunity for investors. The property features three 1-bedroom, 1-bath units. Each unit was previously rented at $750 per month, offering a projected gross income of $2,250 per month when fully performing. The property is being sold as-is, providing the flexibility to renovate, reposition, and maximize returns. Situated in Pontiac's growing rental market, this asset is ideal for investors seeking long-term cash flow or portfolio expansion. A land contract is available. The bike score is 57, indicating it is bikeable, and the walk score is 62, indicating it is somewhat walkable.

Key Highlights

  • Triplex with potential gross income of $2,250/month when fully rented.
  • Value‑add opportunity for renovation and increased returns.
  • Land contract available for flexible financing.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Building Supply HVAC Service Electrical Service Plumbing Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Parking Lot & Garage Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex in Pontiac, MI. Value-add opportunity with land contract.
Where is this triplex located?
The property is located at 323 Ferry Ave Pontiac, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Triplex with potential gross income of $2,250/month when fully rented.; Value‑add opportunity for renovation and increased returns.; Land contract available for flexible financing.
More about this property
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