REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 425,000
Est. payment /mo
Active
50 Waldo ST Pontiac, MI 48341
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 81025052921
Year Built 1931
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type MultiFamily
Property Description
Investor's Dream! Turnkey 6-Unit Property in Pontiac - 5 One-Bedrooms + 1 StudioProperty 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 Area02142Pontiac
Rooms
Basement Full
Interior
Heating Baseboard, NaturalGas
Fireplace No
Laundry CommonArea, GasDryerHookup, InBasement, LaundryRoom
Exterior
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected
View Y/N No
Roof Type Tile
Building
Sewer PublicSewer, SewerAtStreet
Water Public
New Construction No
Schools
High Schools Pontiac
School District Pontiac
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Realcomp II Ltd. Shareholders
Listed by Michael Weinraub of Vantage Realty Group, LLC
GET MORE INFORMATION
QUICK SEARCH