About this home

Turn-key investor special in Pontiac! This 3 bed, 1 bath tenant-occupied property offers instant income with significant mechanical and structural peace of mind. Extensive recent updates include a complete sewer line replacement to the street (2018), upgraded electrical service (2018), new furnace (2022), new water heater (2019), and updated flooring throughout (2024). Kitchen includes stove/oven (2018) and fridge (2019). Bright, functional floor plan with modern finishes makes this a effortless addition to any portfolio. No showings until accepted offer. Do not disturb tenants. Do not approach home. Property can be sold under a portfolio, with following addresses: 220 W Columbia, Pontiac, 289 Martin Luther King Jr Blvd, Pontiac, and 1374 Stanley Ave, Pontiac. Long term tenant in place paying $1,200 a month on section 8. Tenant pays all utilities. For more information,please contact Evan.

The facts

Property taxes: the seller's bill vs. yours

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $828 a year more than this seller pays. The assessor's state equalized value (SEV) is $35,040. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Pontiac's 2025 homestead rate of 38.37 mills and assumes you claim the homestead exemption. See Pontiac's full tax breakdown or run the uncapping calculator.

Ask Match Realty about this home

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-25T23:19+00:00; refreshed at least twice daily.