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Updated Triplex with Garage
For Sale
$259,900

70 Newberry St, Pontiac, MI 48341

Recently improved three-unit property with garage parking and proximity to shopping centers along M59.

Property Size2,724 SF
Price / SF$95.41
Days on Market650

Property Features for 70 Newberry St

General Information

Standard status Active
Size 2,724 SF
Property subtype Residential Income

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $4,479
Listing Agency: Silverstone Real Estate, LLC
Listed By: Michelle Gharib
Source: Exprealty
Added: Nov 19, 2024 Changed: Aug 31 Last Checked: Aug 30 at 8:56PM

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 Silverstone Real Estate, LLC

Investment Insights

Based on property information with market context.

This 2,724-square-foot triplex contains three apartment units, all available for rent. Recent improvements include fresh paint, plumbing work, electrical updates, and replacement windows. The property also includes a three-car garage along with additional parking spaces.

The Pontiac property is situated near M59 and local shopping centers. Each unit is currently being offered for rent, providing an existing multifamily configuration for an owner or operator to evaluate.

Key Highlights

  • 2,724‑square‑foot triplex with three apartment units
  • Recent updates include paint, plumbing, electrical work, and windows
  • Three‑car garage plus additional parking spaces

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Bakery HVAC Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby

Demographics for 48341, MI

16,980
Population
8,601
Households
2
Avg Household Size
38
Median Age
24%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
2,534
Density / Sq Mi
$46,185
Median Household Income
$34,200
Median Earnings
$917
Median Rent
$124,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Recently improved three-unit property with garage parking and proximity to shopping centers along M59.
Where is this triplex located?
The property is located at 70 Newberry St Pontiac, MI.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 2,724‑square‑foot triplex with three apartment units; Recent updates include paint, plumbing, electrical work, and windows; Three‑car garage plus additional parking spaces
More about this property
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