Renovated Group Home
For Sale
Contact for pricing
Pending
805 Saint Clair Street, Pontiac, MI 48340
Completely renovated group home with a group home license, 20 rooms, and tenants already in place.
Property SizeContact for details
Days on Market20
Property Features for 805 Saint Clair Street
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Business Included
Yes
Building Details
Year Renovated
2009
Listing Agency:
Real Estate One
(248) 891-1000
Listed By:
Tom Wilhelm · License #MI 6501196948
Source:
Crexi
Added: Jul 21
Changed: Jul 23
Last Checked: Aug 8 at 1:40PM
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 Real Estate One
Investment Insights
Based on property information with market context.
This completely renovated group home building comes with a group home license and is currently occupied by tenants. The layout includes 20 rooms, including private rooms. Recent improvements referenced in the seller’s remarks include new plumbing, electrical work, drywall, paint, carpeting, kitchen and bath updates, a new roof, and new heat.
The property is located at 805 Saint Clair Street in Pontiac, Michigan (48340). A gas generator is included with the building, and the seller notes that land contract terms are available.
The asset is presented as an income property, with the seller reporting monthly income of $8,000.
The property is located at 805 Saint Clair Street in Pontiac, Michigan (48340). A gas generator is included with the building, and the seller notes that land contract terms are available.
The asset is presented as an income property, with the seller reporting monthly income of $8,000.
Key Highlights
- Completely renovated group home with a group home license and 20 rooms
- Currently rented with tenants in place
- Reported monthly income of $8,000
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 48340, MI
26,039
Population
12,154
Households
2.1
Avg Household Size
33
Median Age
15%
College-Educated
82%
High-School Grad
7.7 sq mi
ZIP Area
3,382
Density / Sq Mi
$46,474
Median Household Income
$32,954
Median Earnings
$1,096
Median Rent
$105,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Completely renovated group home with a group home license, 20 rooms, and tenants already in place.
Where is this apartment building located?
The property is located at 805 Saint Clair Street Pontiac, MI.
What are key features of this property?
This property features: Completely renovated group home with a group home license and 20 rooms; Currently rented with tenants in place; Reported monthly income of $8,000
