56 WALDO Street Pending

Pontiac,MI 48341

$ 265000

- Bed

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Pontiac

MLS Listing ID 20250021679

Year Built 1931

Annual Tax Amount $2,521

Lot Size 7,405 Sqft

Property Description

This well-maintained three-unit property offers strong income potential.The first-floor unit is a spacious three-bedroom, one-bath layout, city-certified and ready for occupancy. Upstairs, two one-bedroom, one-bath units have passed city rental inspections, with one already occupied by a long-term tenant providing immediate cash flow.Each unit has separate gas and electric meters, with a single water meter for efficiency. Recent upgrades include new furnaces (2020) and a new roof (2024), reducing maintenance costs. Stoves and refrigerators are included in every unit.Located in a growing area, this property is near local businesses, transportation, and new development. It offers consistent rental demand and the potential for appreciation. Available with land contract terms, making it accessible for investors looking to expand their portfolio.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Multi-Family

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Schools

School District Pontiac

Others

Acceptable Financing Contract

Listing Terms Contract

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