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50 Waldo Street, Pontiac, MI 48341

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Listing Type
Multi Family
Listing Status
active
26
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$425,000

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Home Details for 50 Waldo Street
Price
$425,000
Type
Multi Family
Year Build
1931
Lot Size
0.17
County
Oakland
Basement
Full
Tax
$6,135
MLS®️ Listing#
25052921
On exitrealty.com
98 days
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!
Property Features
Listing Courtesy: Vantage Realty Group, LLC - 734-287-6619. Presented by: Michael Weinraub
mls_iconThe properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved.
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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EXIT REALTY 1ST
2755 W. Michigan Ave, Jackson , MI 49202
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$425,000

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EXIT REALTY 1ST
2755 W. Michigan Ave, Jackson , MI 49202
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