About This Home
109 Cadillac St in Pontiac, MI presents a rare opportunity to acquire a truly one-of-a-kind multifamily investment property featuring six spacious 2-bedroom, 1-bath units, each offering approximately 825 square feet of living space. Every unit has its own private entrance and dedicated basement, creating a townhome-style feel that is highly desirable to tenants. What sets this property apart is that all six units are completely separately metered for gas, water, and electric, significantly reducing owner utility expenses and simplifying management. In addition, each unit has its own furnace, central air conditioning system, and hot water heater, giving tenants full control over their utilities and comfort. The property has seen extensive interior updates, including fresh paint, new flooring, and light bathroom upgrades throughout the units. Each basement also includes laundry hookups, adding convenience and additional tenant appeal. The roof is newer, helping minimize near-term capital expenses. Currently, five of the six units are occupied, with one unit intentionally left vacant to allow for easy walkthroughs and future leasing flexibility. At full occupancy, the property offers projected gross annual income of $90,000 a year, making this an exceptional turnkey investment opportunity with strong cash flow potential in the growing Pontiac market.
Home Highlights
Property Details
Interior Details
- Basement: Full,Unfinished
Beds & Baths
- Number of Bedrooms: 4
- Number of Bathrooms: 1
- Number of Bathrooms (full): 6
Dimensions and Layout
- Living Area: 4256 Square Feet
Appliances & Utilities
- Laundry: In Unit
Heating & Cooling
- Heating: Forced Air,Natural Gas
- ✓ Has Cooling
- Air Conditioning: Ceiling Fans,Central Air
- ✓ Has Heating
- Heating Fuel: Forced Air
Fireplace & Spa
- ✓ No Fireplace
Levels, Entrance, & Accessibility
- Stories: 1
- Levels: One
Exterior Home Features
- Patio / Porch: Porch
- Foundation: Basement, Block
Parking & Garage
- ✓ No Carport
- ✓ No Garage
- ✓ No Attached Garage
- Parking: Assigned,Parking Lot
Pool
- Pool: None
Frontage
- Road Frontage: Paved
- ✓ Not on Waterfront
Water & Sewer
- Sewer: Public Sewer
Finished Area
- Finished Area (above surface): 4256 Square Feet
Year Built
- Year Built: 1929
- Year Renovated: 2026
Property Type / Style
- Property Type: Residential Income
- Property Subtype: Multi Family
- Architecture: Ranch
Building
- Construction Materials: Brick
- ✓ Not a New Construction
Property Information
- Not Included in Sale: Exclusion(s) Do Not Exist
- Parcel Number: 1420377012
Price
- List Price: $599,999
- Price Per Sqft: $141
Status Change & Dates
- Possession Timing: At Close
Direction & Address
- City: Pontiac
- Community: FAIRVIEW -AVON TOWNSHIP
School Information
- High School District: Pontiac
Listing Agent
- Listing ID: 20261032530
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| May 7, 2026 | Listed For Sale | $599,999 | Realcomp II #20261032530 |
| Feb 17, 2011 | ListingRemoved | $4,900 | Agent Provided |
| Nov 24, 2010 | PriceChange | $4,900 | Agent Provided |
| Oct 25, 2010 | Listed For Sale | $10,000 | Agent Provided |