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$425,000
1 Day On Site

50 Waldo Street
Pontiac City, MI 48341

For Sale|Multi Family|Active
6
Beds
0
Total Baths
1931
Built
County:
Oakland
Call Now: (248) 788-6318
Is this the listing for you? We can help make it yours.
(248) 788-6318
50 Waldo Street50 Waldo Street50 Waldo Street50 Waldo Street
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Monthly Payment (Est.)

$1,939
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$425,000
Days On Site 
1 Day
Bedrooms 
6
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1931
MLS® Number 
81025052921
Status 
Active
Property Tax 
$6,135
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.17
Cross Street 
Huron, E of Telegraph
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Utilities 
Electricity ConnectedNatural Gas ConnectedPhone AvailableSewer ConnectedSewer Available
Water Source 
Public
Interior Features
Basement 
Full
Heating 
BaseboardNatural Gas
Laundry Features 
Common AreaGas Dryer HookupIn BasementLaundry Room
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Exterior Features
Construction Details 
Brick
Roof 
Tile
Community Features
Community Features 
Sidewalks
Financing Terms Available 
CashConventional
MLS Area 
Area02142Pontiac
School District 
Pontiac
Schools
School District
Pontiac
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Vantage Realty Group, LLC: Mweinraub3@gmail.com



IDX provided courtesy of Realcomp II Ltd. via GreaterMetropolitanAssociationofREALTORS. Copyright © 2025 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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