Carol BettsBig Rapids Realty ABR, REALTOR®

231-250-5285

50 Waldo Street, Pontiac, MI 48341

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$425,000
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  • 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!

Directions N of Huron, E of Telegraph
Listing Courtesy of Michael Weinraub - Vantage Realty Group, LLC

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