White Lake MI Multi Family for Sale
$1,160,000
9470 PONTIAC LAKE White Lake, MI 48386
- Type:
- Multi-Family
- Sq.Ft.:
- 2,700
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.72 Acres
- Year built:
- 1965
- Baths:
- 15.00
- MLS#:
- 60288369
ADDITIONAL INFORMATION
ATTENTION ALL INVESTORS GREAT OPPORTUNITY IS KNOCKING. LAKE FRONT RENTAL PROPERTY CONSISTS OF 10 ONE-BEDROOM UNITS AND A 6 BED 4 BATH HOUSE DIRECTLY ON ALL SPORTS PONTIAC LAKE. ON A 1.72 ACRES PROPERTY. ALL UNITS AND HOUSE LEASED WITH POSITIVE INCOME. 6 STUDIO UNITS AND HOUSE ARE RENOVATED. HOUSE TENANT PAYS OWN UTILITIES. THIS PROPERTY IS ALSO A GREAT LOCATION TO BE RE-DEVELOPED FOR A MUCH BIGGER PROJECT TO BUILD A FEW HOMES OR AN APARTMENT COMPLEX WITH A LAKE FRONT. WILLING TO SELL SIMILAR COMPLEX 8941 PONTIAC LAKE RD FOR SAME PRICE. BUYERS MUST CHECK WITH THE CITY FOR APPROVAL FOR RE-DEVELOPMENTS PROJECTS. EMAIL ME FOR FINANCIALS AND ADDITIONAL PHOTOS. PLEASE SHOW CLIENT ALL PHOTOS AND SEND ME PRE-APPROVAL BEFORE REQUESTING A SHOWING.
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White Lake Real Estate
The median home value in White Lake, MI is $389,907. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in White Lake, MI is $389,907. Approximately 83.78% of White Lake homes are owned, compared to 11.69% rented, while 4.53% are vacant. White Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a White Lake real estate agent to arrange a tour today!
White Lake, Michigan has a population of 31,110. White Lake is less family-centric than the surrounding county with 28.77% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in White Lake, Michigan is $86,622. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in White Lake is 43.7 years.
White Lake Weather
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 32.55 inches per year, with 40.65 inches of snow per year.