See all 28 photos
$425,000
Est. payment /mo
1 Bed
7,405 Sqft Lot
Active
50 Waldo Street Pontiac, MI 48341
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 81025011033
Bedrooms 1
Year Built 1931
Annual Tax Amount $3,552
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x150
Source Greater Metropolitan Association of REALTORS®
Property Description
Investor's Dream! This 6-unit multifamily property at 50 Waldo St, Pontiac, MI 48341 is a prime opportunity. Three units are already occupied, generating $2,725/month, while the vacant units previously rented for $1,050 each, bringing the potential monthly income to $5,875. Each 1-bed, 1-bath unit features a spacious living room and kitchen. The mechanical room is updated, and there's a washer/dryer setup in the basement for tenant convenience. Don't miss this high-income potential investment in a growing rental market!
Location
State MI
County Oakland
Area Pontiac
Direction N of Huron, E of Telegraph
Interior
Interior Features Laundry Facility, Cable Available
Heating Baseboard
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 10.0
Roof Type Other
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal), Water at Street
Structure Type Brick
Schools
School District Pontiac
Others
Pets Allowed Yes
Tax ID 1430452005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional

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Listed by Michael Weinraub of Vantage Realty Group, LLC