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Street View
$624,900
Monthly Est:$3,110
-- Bed
4 Baths4 full baths
4,827sqft
221 Baldwin Ave, Pontiac, MI 48342
$624,900
$3,110/moEst:
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Multi Family
Built in 1920
$-- HOA
0.14 acre lot
$129/sq.ft
Description
Fully Renovated Four-Unit Multifamily Investment Opportunity. This exceptional property has been completely renovated and features three 3- bedroom units and one spacious 4-bedroom unit., along with a separate house and vacant lot (Property ID# 1420335030, 1420335031). Major updates include brand-new mechanicals, electrical and plumbing providing a truly turnkey investment opportunity. All rental units are city certified. The property is already generating income, with one unit currently leased at $1,600/month, another unit at $1850 and the house generating $1,700/month. Two additional units are currently vacant, offering significant immediate upside. One of the vacant units have an estimated rental potential of approximately $1,600/month, while the fourth unit has the potential to rent for approximately $1,800/month. At full occupancy, the projected gross monthly rental income is approximately $8,300, based on the stated rents. The property also offers plenty of on-site parking and is zoned R-3, making this an excellent opportunity for investors looking for a renovated multifamily property with strong income potential and room to increase cash flow.
- Houzeo last checked: 12 hours ago
- Listing updated: September 16, 2026 at 4:01 pm
- Listing Provided by: Yasmeen Denha (248) 755-1653 , Fanar Ayar | ICON Realty Experts, LLC (248) 985-9961
- Source: Realcomp MLS-MI | MLS#: 20261070039
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1920
HOA Fees
-
Finished Area
4,827 sqft
Lot Size
0.14 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261070039
MLS Status
Active
Days on Market
37
Cumulative Days on Market
15
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 4
Interior
Heating
Forced Air, Natural Gas
Exterior Features
Lighting
Sewer
Public Sewer
Cooling
Central Air
Construction
Year Built
Year Built: 1920
Home type
Multi Family
Construction Materials
Brick
Roof
Rubber
Foundation Details
Basement, Block
Architectural Style
Colonial
Utilities & Energy
Water Source
Public
Parking Features
Lighted, Parking Lot
Basement
Unfinished
Pool Features
None
Other Features
Disclosures
Conformsto Zoning, Legal Rental Certified, Projected Income, Taxes Not Homestead Exempt
Subdivision Name
High Ridge Add
Price History
| Date | Event | Price |
|---|---|---|
09/01/2026 Source: | Listed for Sale | $624,900 +602.13% $129/sqft |
12/09/2024 Source: | Price Decreased | $89,000 -31.54% $18/sqft |
12/09/2024 Source: | Price Increased | $130,000 +85.71% $27/sqft |
12/09/2024 Source: | Sold | $70,000 -73.07% $15/sqft |
10/30/2024 Source: | Listing Removed | $259,900 $54/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 07, 2026, 06:00AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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