$2,330,000 for Sale
1163 chestnut, pontiac, MI 48342
Property Description
Attention investors and developers: this is the opportunity you've been waiting for! Located just 5 minutes from Oakland University, this shovel-ready site requires no variances or rezoning. Zoned for multi-family residential, the approved site plan allows for up to eight 11-unit, 3-story apartment buildings - each with its own garage. With a growing demand for student housing in the area, this is an ideal location to capitalize on a high-demand rental market. Don't miss your chance to develop a highly desirable income-generating property in a thriving area. Reach out today to schedule a tour and explore the full potential of this exceptional site!
General Information
Sale Price: $2,330,000
Price/SqFt:
Status: Active
MLS#: 60936859
City: pontiac
Post Office: pontiac
Schools: pontiac city school district
County: Oakland
Acres: 5.58
Lot Dim: Irregular
Tax, Fees & Legal
Est. Summer Taxes: $717
Est. Winter Taxes: $28

Information provided by East Central Association of REALTORS
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Nahed Yousif of Brookstone, Realtors LLC