Sold
Last Sold Price
4 beds2,062 sqft$14/sqft
43 Elizabeth Lake Road,ย Pontiac, MIย 48341
Multi FamilyProperty Type
7,405 sq ftLot Size
1910Year Built
$14/sq ftPrice per sq ft

Description

Great Investment Opportunity! 3 Unit (Multi-Family) Residence, 2 units occupied. Leases and ledgers are unavailable, new owner will have to work out with tenants. Home was taken back by lender and they unaware of who is residing in the home. From what they've figured out, it is tenants and we're not sure who they're paying. Great opportunity for someone who is willing to get their hands dirty. No inspection, no access. Sold as-is. Gamble property but will likely pay dividends!Great Investment Opportunity! 3 Unit (Multi-Family) Residence, 2 units occupied. Leases and ledgers are unavailable, new owner will have to work out with tenants. Home was taken back by lender and they unaware of who is residing in the home. From what they've figured out, it is tenants and we're not sure who they're paying. Great opportunity for someone who is willing to get their hands dirty. No inspection, no access. Sold as-is. Gamble property but will likely pay dividends!
  • Listed by: Gregory White 313.456.9898 gwhite@imaginehomerealty.com Brokerage DRE #6505374364 โ€ข Imagine Home Realty
Listing closed: 03/08/2019 12:00 AM โ€ข Source: Realcomp, MLS#: 218118166

Location

Listing Courtesy of Imagine Home Realty

Sold By Home & Land Real Estate East

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Payment Calculator

$282 per month

30 year fixed, 6.55% Interest

Principal and Interest

$142

Property Taxes

$140

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 43 Elizabeth Lake Road

Property Details
  • Taxes: $1,677 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: THORPE ADD
  • Architectural Style: Triplex
  • Waterfront: No
  • Zoning Description: Multi-Family
Building Information
  • Residences: 3
  • Year Built: 1910
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • Directions: On Elizabeth Lake Rd, south side of street, W of 24
  • Latitude: 42.640592
  • Longitude: -83.310936
  • Cross Street: S of Elizabeth Lake/W of 24
  • MLS Area Major: Pontiac (63142)
Taxes and HOA
  • Parcel Number: 1430428005
  • Tax Amount Summer: $1,556.00
  • Tax Amount Winter: $121.00
  • Tax Annual Amount: $1,677.00
  • Tax Legal Description: T3N, R10E, SEC 30 THORPE ADDITION LOT 71
  • Tax Other Annual Assessment Description: 45
School Information
  • High School District: Pontiac
Property
Lot Information
  • Frontage Length: 50.0
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 50.00X150.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 50
Property and Assessments
  • Living Area: 2062.0
  • Building Area Total: 2062.0
  • Above Grade Finished Area: 2062.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1500.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1910
Building Features
  • Construction Materials: Wood Siding
  • Foundation Details: Basement, Block
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Sewer At Street
  • Utilities: Natural Gas Available, Sewer Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 3.0
  • Basement: Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • UnitTwoBedNumberOf: 2
Exterior Features
  • Community Features: Sidewalks
Multi Family
Multi Family Information
  • Number of Units Leased: 3
  • Number of Units Total: 3
  • Number of Efficiency Units: 1
  • Unit Records: 3
Income & Expenses
  • Gross Scheduled Income: $16,800.00
  • Net Operating Income: $12,000.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 800.0
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 800.0
  • Type: Two Bedroom
Unit 3
  • Total Bathrooms: 1
  • Sq Ft: 600.0
  • Type: Studio
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $1,400.00

Property History for 43 Elizabeth Lake Road

DateEvent & SourcePriceAppreciation
Mar 8, 2019

Sold (Public Record)

Public Record #641354054

$28,000

-7.7% / yr

Mar 8, 2019

Sold

Realcomp #218118166

$28,000โ€”
Mar 8, 2019

Sold

MiRealSource #21535816

$28,000โ€”
DateEvent & SourcePrice
03/08/2019

Sold (Public Record)

Public Record #641354054

$28,000

-7.7% / yr

03/08/2019

Sold

Realcomp #218118166

$28,000
03/08/2019

Sold

MiRealSource #21535816

$28,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 43 Elizabeth Lake Road

Taxable ValueLand-Additions-Total-
Tax Record2025$3,597 ($300 / month)
Home Facts
Beds5Baths2Total Finished SqFt2,256 SqFtAbove Grade Finished SqFt2,256 SqFtUnfinished Basement SqFt1,017 SqFtStories1Lot Size7,492 SqFtStyleSingle Family ResidenceYear Built1910Year Renovated2020ZoningRICountyOAKLANDAPN64-14-30-428-005

Schools near 43 Elizabeth Lake Road

This home is within Pontiac City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Whitman Elementary School
PublicK to 5

Pontiac Middle School
Public6 to 8

Pontiac High School
Public9 to 12

Kennedy Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Imagine Home Realty

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