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50 Waldo Street, Pontiac, MI 48341

Local realty services provided by:CENTURY 21 Forward Realty, Inc.
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:390 day(s) ago
  • Updated:December 28, 2025 at 04:20 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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