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$ 2,700,000
Est. payment /mo
New
50 Wayne Street Pontiac, MI 48342
40 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Pontiac
Subdivision Pontiac
MLS Listing ID 20251054304
HOA Y/N true
Year Built 1920
Annual Tax Amount $1,473
Lot Dimensions 120x141
Source Realcomp
Property Description
Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Commercial
Direction Once you get into the city of pontiac - turn onto Wayne St
Interior
Heating Baseboard
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Water Public
Schools
School District Pontiac
Others
Tax ID OR19100013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by ICON Realty Experts, LLC