50 Waldo Street, Pontiac, MI 48341
Local realty services provided by:CENTURY 21 White House Realty
50 Waldo Street,Pontiac, MI 48341
$425,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael weinraub
Office: vantage realty group, llc.
MLS#:25052921
Source:MI_GRAR
Price summary
- Price:$425,000
About this home
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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Home facts
- Year built:1931
- Listing ID #:25052921
- Added:375 day(s) ago
- Updated:December 13, 2025 at 04:50 PM
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1931
- Lot area:0.17 Acres
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$425,000
- Tax amount:$6,135 (2024)
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