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32 Augusta Ave, Pontiac, MI 48341

$295,000
: 5
BA
: 4,626
SqFt

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Sold Price: $295,000
List Price: $349,000
Closing Date: Apr 24, 2026
MLS#: 20261013547
Status: CLOSED
Bathrooms: 5
Subdivision: SANDERSON & JOHNSTONS ADD

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Property Description

Fully Occupied 5-Unit Investment Property for Sale in Pontiac, MI Excellent investment opportunity in Pontiac! This reasonably maintained 5-unit multifamily building is fully occupied, providing immediate rental income. Each unit features 2 bedrooms and 1 bathroom (Except the attic unit, which has 1 bed/1 bath), offering comfortable layouts that appeal to long-term tenants. The property sits on a quiet block and includes a rear parking slab for tenant convenience. Major components—including the vinyl windows, roof, furnaces, and water heaters—are in great condition. Unit interiors vary in updates but are all well-kept. Seller financing is available with 25% down, and terms are negotiable, creating a flexible opportunity for investors. With solid occupancy and room for future value growth, this property is a strong addition to any portfolio.

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Additional Information

Year Built: 1924
Basement Type: Common, Unfinished
Acres: 0.20
Style: Common Entry Building, Apartment
Acres: 0.20
School District: Pontiac
Heating: Forced Air, Natural Gas