2 months on rocket

276 Auburn Ave, Pontiac, MI, 48342

$375,000

Home List Price

$4,453*

Closing Credit

8 Bedrooms
4 Full Baths
4,392 SqFt
$85/SqFt
Multi
Schools Nearby

Location

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276 Auburn Ave, Pontiac$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage4 spaces
Year Built1910
HeatingForced Air
BasementYes
MLS #50134546
Lot Size0.20 Acres
StatusActive

About 276 Auburn Ave

Excellent investment opportunity – a maintained 4-unit, 2-story quadraplex. Recent improvements feature a new roof, updated brick exterior, new glass block and new furnaces for easy ownership. The garage also has new roofing and doors. Currently fully occupied, each unit provides 2 bedrooms and 1 bath. Approved for Section 8, this property guarantees a reliable income. A straightforward and lucrative addition to any investor's portfolio. All units currently occupied. DO NOT APPROACH PROPERTY! SHOWINGS ONLY FOR ACCEPTED OFFERS.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 2
  • Living Area: 4,392 SqFt

Listing Office:

  • Office Name: Epique Inc.
  • Office Phone: (248) 218-2604
  • Listing Agent: Michael Blake

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Pontiac High School, Public District Grades 10-12
  • Whitmer Human Resource Center, Public District Grades KG-6

School District Information:

  • School District: Pontiac City School District

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $85/SqFt

Agent Commission:

  • Buyer's Agent Commission: 3%

Tax Information:

  • Annual Amount: $3,099
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Pontiac, MI.

Med. Sold Price

$134.9K

Med. Price/SqFt

$118

Avg. Days On Market

38

# of Sold Homes

42

276 Auburn Ave vs Pontiac

62 DAYS ON ROCKET

+24 Days

$375,000

+$240K More

$85/SqFt

-$33 Less

KEY TAKEAWAY

This property is $240K more than the Median Sold Price and $33/SqFt less than other homes in Pontiac, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50134546

Listing Office:

  • Office Name: Epique Inc.
  • Office Phone: (248) 218-2604
  • Listing Agent: Michael Blake

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. Copyright MiRealSource.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/1/2024, 2:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 06, 2020Home Sold
$105,000
Apr 18, 2011Home Sold
$15,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,099$58,540
2020$2,550$50,150
2018$2,423$47,080
2017$4,511$47,680

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4023440
2
/10
  • Whitmer Human Resource Center

  • 60 Parkhurst St

  • 0.24 miles

  • Public District Grades KG-6

High School

school-card-donut-4023441
2
/10
  • Pontiac High School

  • 1051 Arlene Ave

  • 2.36 miles

  • Public District Grades 10-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,644. Residents of Pontiac, MI typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesMichiganOakland CountyPontiac48342276 Auburn Ave

This home is located at 276 Auburn Ave in Pontiac, MI and zip code 48342. This 4,392 square foot home, which was built in 1910, sits on a 0.20 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 28, 2024 and is currently priced at $375,000.

Pontiac, MI housing market in March 2024 saw over 14 listings sold above listed price, more than 12 sold at listed price and over 16 sold below. The inventory of homes for sale in Pontiac, MI between February 2024 and March 2024 decreased by 1.2%. While the average time on the market in March 2024 was 38 days, the median list price was $134,933.

From Rocket Homes Real Estate and based on county public records data.

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