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20 Thorpe St, Pontiac, MI, 48341
Triplex Income Property

20 Thorpe St Pontiac, MI 48341

For Sale
$285,000

Triplex with three residential units, including one vacant unit available to view before an accepted offer.

Days on Market21

Property Features for 20 Thorpe St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1920
Listing Agency: M77 LLC
Listed By: Matthew Bahoura · License #6501422602
Source: Elliman
Added: Jul 6 Changed: Jul 22 Last Checked: Jul 25 at 6:16AM

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 M77 LLC


Investment Insights

Based on property information with market context.

This triplex includes three residential units with a unit mix of one 3-bedroom and two 1-bedroom apartments. Two of the three units are currently tenant occupied, while the third unit is vacant. Photos provided are from the vacant unit.

The current monthly rental income is stated as $2,510, with total monthly potential of $3,500 once fully occupied. Showings and inspections of the occupied units are scheduled only after an accepted offer, and only the vacant unit can be seen prior to acceptance.

This property is presented as a turnkey income investment with residential rental housing in place.

Key Highlights

  • Triplex built in 1920 with three residential units: one 3‑bed and two 1‑bed
  • Two of three units are currently tenant occupied
  • Current monthly rental income is $2,510

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Dental Office Bakery Electrical Service HVAC Service Kitchen & Bath Showroom Carpet & Flooring Store Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Triplex - Triplex with three residential units, including one vacant unit available to view before an accepted offer.
Where is this triplex located?
The property is located at 20 Thorpe St Pontiac, MI.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Triplex built in 1920 with three residential units: one 3‑bed and two 1‑bed; Two of three units are currently tenant occupied; Current monthly rental income is $2,510
More about this property
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