664 MELROSE Street, Pontiac, MI 48340

$109,900 Asking Price

2 beds
1 bath
757  sqft
Built in 1952

Charming 2-Bedroom Home with Investment Potential! Welcome to 664 Melrose Street, a delightful 2-bedroom, 1-bathroom home located in Pontiac, perfect for first-time homeowners or savvy investors. This property features a spacious fenced-in backyard with a large deck, ideal for outdoor entertaining. The 2 ½ car detached garage is a mechanic's dream, offering ample space for vehicles and storage. Located just 1 mile from local high and middle schools, this home is in a convenient location with easy access to amenities. The basement provides additional storage or potential for finishing to add more living space. As an investment property, this home offers an attractive opportunity with a potential 15 - 20 per. cash-on-cash return. Don't miss out on this versatile property that combines comfort with excellent investment potential. Listed at 109,900, this property won’t last long!


Features & Amenities

Interior

Appliances:
None
Laundry:
None
Basement:
Unfinished
Heating:
Forced air, Natural gas

Exterior

Style:
Ranch
Other Structures:
Deck, Porch
Pool:
None
Parking:
Twoand half car garage, Detached

Construction

Roofing:
Asphalt
General:
Vinyl siding, One, Basement, Poured

Location

Road/Access:
Paved
Originating MLS:
Realcomp II Ltd
School District:
Pontiac
County:
Oakland

Lot

Zoning:
T3N, R10E, SEC 22 PERRY PARK LOT 410, 1422155015
Fencing:
Back yard

Utilities

Utilities:
Above ground utilities
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Realcomp II Ltd

This listing courtesy of:
855 Manager.com, Warren Marshall

About Pontiac, MI

Housing

Number of Units
25,968
Median Home Value
$77,933
Median Rent
$637

56.62% of housing units are renter occupied.

8.69% are vacant.

Commute

Car
82.43%
Public Transportation
1.32%
Walk to Work
1.96%
Work from Home
13.36%
Other
0.62%

The median travel time to work is 21 minutes.

People

Population
60,286
Median Age
35.10
Median Household Size
2.52

Education

High School
34.31%
Associate’s Degree
5.80%
Bachelor’s Degree
9.59%
Graduate Degree
4.38%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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