359 N Paddock St, Pontiac, MI 48342

# A Great Investment Opportunity in Pontiac, MI ## Property Details A classic single-family house featuring 2 bedrooms, 1 bathroom, and 736 sqft of living space on a 6,708 sqft lot with driveway parking. * **Roof:** Fair * **Furnace:** Old * **AC:** Old * **Plumbing:** Old * **Electrical Panel:** Fair * **Water Heater:** Old The property will be delivered vacant at closing. ## Investment Highlights * Single-story ranch layout with full 736 sqft basement providing expansion potential * Established residential neighborhood in Pierce Addition subdivision * Strong rental demand in Pontiac market with projected rental income of $1,250/month once renovated * Recent comparable sales showing market activity, with highest comp sold for $128k in just 18 days (December 2025) * Bottom of market comp sold at $57k, establishing clear floor value for the area * Connected to public municipal water and sewer systems * Cash flow potential for buy-and-hold investors * No flood risk and no back taxes owed ## Financial Summary * **ARV (After Repair Value):** $120,000 - $130,000 A Wonderful Wholesale Opportunity!