534 Franklin Rd, Pontiac, Oakland County, MI

Listing description

What the seller provided

T2N, R10E, SEC 5 FAIRVIEW HEIGHTS SUB ELY 83.60 FT OF LOT 22, ALSO LOT 64 OF 'CRYSTAL LAKE BLOOMFIELD SUB' 6-3-86 FR 031 & 033 ~83 ft frontage on Arthur Ave (to S), ~163 ft on Franklin (to E). ~0.36 acres. Zoned Commercial 201. ~3500 sq ft structure in north of parcel. Paved and gated parking off Arthur. Recorded past use as medical office. Built in 1963. Located in the Pontiac City School District. This property was OCCUPIED on last visit. Please use caution and be respectful if visiting property in person. This is a large commercial building that appears to be set up for multi family use. There were multiple renters on the premise during post foreclosure visit. The building appears to be in overall below average condition. Block walls have mortar deterioration and they appear wet. Mix of shingle and flat roof needs repairs. Some peeling paint and minor wood rot along fascia/soffit areas. Glass blocks missing. Most of the building is covered in overgrowth. Unable to locate gas or electric meter. But property appears to have active utilities. Maintenance on the property has been neglected. The building will likely require repairs and renovations but there's potential here. Prospective buyers are strongly encouraged to conduct their own due diligence before placing a bid.

Record details

County

Oakland

Parcel #

64 19-05-276-036

Local unit

City of Pontiac

Delinquent taxes

$6,265

State equalized value

$104,540