Sold
62 Newberry Street, Pontiac, MI 48341
Sold on 06/05/2026 for$118,000
MLS # 20261020226 (Realcomp)
Built 19270.14 acres
1 / 7
Listing Description
Excellent investment opportunity in Pontiac! This multi-family property features three units, including one spacious 2-bedroom unit and two 1-bedroom units. Each unit offers solid potential but will require TLC and updates, making it perfect for investors or buyers looking to add value. With the right improvements, this property can generate strong rental income and long-term returns. Conveniently located near local amenities, shopping, and major roadways. Don’t miss the chance to transform this property into a profitable asset!
Source: SparkMLS
About this home
This 3-bath home built in 1927 sits in Pontiac in Pontiac.
This home sold for $118,000.
Estimated annual property tax: $5,359, or about $447 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.14 acres
Year Built1927
Location
CityPontiac
MunicipalityPontiac
Zip Code48341
CountyOakland
School DistrictPontiac
Construction & Systems
ConstructionAluminum Siding
HeatingForced Air
Sale & Financing
Listed3/28/2026
Sold Date6/4/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$5,359
State Equalized Value$77,850
Taxable Value$67,980
Parcel #1430403021
Source: Public Records
Legal Description
T3N, R10E, SEC 30 RECREATION PARK ADD LOT 71
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Maia Sanchez
Homeland, LLC
Frequently Asked Questions about 62 Newberry Street, Pontiac, MI 48341
What school district is 62 Newberry Street, Pontiac, MI 48341 in?
Per MLS# 20261020226, this property is served by Pontiac. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261020226, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261020226, the most recent reported annual property tax for 62 Newberry Street, Pontiac, MI 48341 is $5,359. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 62 Newberry Street, Pontiac, MI 48341 eligible for USDA financing?
Per USDA Rural Development boundary data, 62 Newberry Street, Pontiac, MI 48341 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 62 Newberry Street, Pontiac, MI 48341 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$973
Principal & interest$973
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
62 Newberry Street, Pontiac, MI 48341
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Municipality
Pontiac
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County
Oakland County
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