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$425,000

Est. payment - /mo

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6 Beds

7,405 Sqft Lot

New

50 Waldo Street Pontiac, MI 48341

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Nick Zeoli

nick@zeolirealtymi.com +1(248) 860-3268

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025052921

Bedrooms 6

Year Built 1931

Annual Tax Amount $6,135

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50x150

Source Greater Metropolitan Association of REALTORS®

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 Pontiac

Direction N of Huron, E of Telegraph

Interior

Interior Features Laundry Facility

Heating Baseboard

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 6.0

Roof Type Other

Road Frontage Pub. Sidewalk

Garage no

Private Pool No

Building

Sewer Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

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

Listed by Michael Weinraub of Vantage Realty Group, LLC

Nick Zeoli

Agent

+1(248) 860-3268 | nick@zeolirealtymi.com

50 Waldo Street Pontiac, MI 48341

Nick Zeoli

Key Details

Location

Interior

Exterior

Building

Schools

Others

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50 Waldo Street