16 E Lawrence, Pontiac - Complimentary Pontiac Penthouse!
Mixed Use Gut Rehab -$750,000.00
Marketing description
Discover a prime investment opportunity in the heart of Pontiac with 16 E Lawrence, a fully leased and stabilized property featuring a complete gut rehab. This meticulously renovated project is designed to deliver long-term value and consistent returns. Enjoy your complimentary Pontiac Penthouse while other building tenants defray your cost of ownership.
Key Highlights:
Comprehensive Gut Rehab: Every aspect of the property has been meticulously upgraded, ensuring modern standards and quality throughout.
New complete tear off roof.
Boiler completely rehabbed with inside/outside thermostat and radiator controls.
New camera security system.
Building completely insulated with blown-in insulation.
New front and side doors.
New vertical plumbing.
All new appliances, kitchen cabinets and restrooms.
Refinished hardwood flooring
Stabilized & Fully Leased: The property is currently fully occupied, providing immediate and steady cash flow.
Diverse Tenant Mix: Featuring 2 retail tenants on the ground floor and 4 residential units above, this property offers a balanced income stream and reduced risk.
This turnkey investment is ideal for those seeking a hassle-free addition to their portfolio with strong, dependable returns.
Investment highlights
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?





















