Pontiac, MI 48341,50 Waldo Street
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Pontiac, MI 48341,50 Waldo Street
Pontiac, MI 48341,50 Waldo Street
Pontiac, MI 48341,50 Waldo Street
Pontiac, MI 48341,50 Waldo Street
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Sandi Smith

Sandi Smith

Trillium Real Estate

+1(734) 216-6414
$ 425,000
Est. payment /mo
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50 Waldo Street Pontiac, MI 48341

7,492 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Pontiac City

MLS Listing ID 25052921

Year Built 1931

Annual Tax Amount $6,135

Tax Year 2024

Lot Size 7,492 Sqft

Acres 0.17

Lot Dimensions 50x150

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Investor's Dream! Turnkey 6-Unit Property in Pontiac - 5 One-Bedrooms + 1 Studio
Property is rental certified.
Welcome to 50 Waldo St, Pontiac, MI 48341 — a fully remodeled 6-unit multifamily property offering excellent cash flow and minimal maintenance. Unit 4 is currently rented for $1,050/month, and the other five units (including one studio) previously leased for similar rates, providing potential gross income of $5,875/month.

This well-maintained building includes five 1-bed/1-bath units plus one studio, each featuring spacious living areas, modern kitchens, and updated finishes. Recent improvements include an upgraded mechanical room and a shared washer/dryer setup in the basement for tenant convenience.

Located near downtown Pontiac, major employers, and public transit, this property is ideal for investors seeking steady rental income and long-term appreciation potential. Don't miss this high-income, low-maintenance opportunity in a thriving rental market!

Location

State MI

County Oakland

Area Oakland County - 70

Direction N of Huron, E of Telegraph

Rooms

Basement Full

Interior

Heating Baseboard

Laundry Common Area, Gas Dryer Hookup, In Basement, Laundry Room

Exterior

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Tile

Total Parking Spaces 6

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Pontiac

Others

Tax ID 14-30-452-005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Vantage Realty Group, LLC

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50 Waldo Street