50 Waldo Street, Pontiac, MI 48341
- Bedrooms
- Bathrooms
- SQ. FT.
- Schools Pontiac
- County Oakland
- Township Pontiac City
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms
- Basement Full
- Garage
- Acreage 0.17
- Heat Type Baseboard
- Central Air
- Year Built 1931
- Style
- Exterior
- Taxes
- SEV 58260
- Zoning
- Parcel 14-30-452-005
- Lot Size 50x150
Features
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!
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