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$1,790,000
4 Days On Site
50 Wayne StreetPontiac City, MI 48342
For Sale|Multi Family|Active
38
Beds
40
Total Baths
40
Full Baths
26,880
SqFt
$67
/SqFt
1920
Built
County:
Oakland
Call Now: (248) 788-6318
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(248) 788-6318
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Monthly Payment (Est.)
$8,167Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
*MOTIVATED SELLER* Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.
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Listing Snapshot
Price
$1,790,000
Days On Site
4 Days
Bedrooms
38
Inside Area (SqFt)
26,880 sqft
Total Baths
40
Full Baths
40
Partial Baths
N/A
Lot Size
N/A
Year Built
1920
MLS® Number
20261000001
Status
Active
Property Tax
$1,473
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
| 4 days ago | Listing first seen on site | |
| 4 days ago | Listing updated with changes from the MLS® |
General Features
Cross Street
Lawrence & Wayne St
Disclosures
Projected Income, Taxes Not Homestead Exempt
Pets
Yes
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
26880
Style
HighRise
Water Source
Public
Zoning
Commercial
Interior Features
Basement
FullUnfinished
Heating
BaseboardNatural Gas
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Exterior Features
Construction Details
Block
Pool Features
None
Community Features
Financing Terms Available
CashConventional
MLS Area
Area02142Pontiac
Roads
Paved
School District
Pontiac
Schools
School District
Pontiac
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of ICON Realty Experts, LLC: amer@beallcc.com
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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