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50 Waldo Street, Pontiac, MI 48341
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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!
- Utilities
- Natural Gas Available
- Phone Available
- Electricity Available
- Cable Available
- Natural Gas Connected
- Electricity Connected
- Sewer Available
- Water Available
- Heating Information
- Natural Gas
- Baseboard
- Water Features
- Public
- Basement
- Full
Listing Courtesy: Vantage Realty Group, LLC - 734-287-6619. Presented by: Michael Weinraub
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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