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  • $425,000

    50 Waldo St, Pontiac, MI 48341

    1beds
    1baths
    --sqft
    : 
    5+ Units
    Built in 1931
    -- sqft lot
    $392,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Mechanical room
    Investor's Dream! This 6-unit multifamily property at 50 Waldo St, Pontiac, MI 48341 is a prime opportunity. Three units are already occupied, generating $2,725/month, while the vacant units previously rented for $1,050 each, bringing the potential monthly income to $5,875. Each 1-bed, 1-bath unit features a spacious living room and kitchen. The mechanical room is updated, and there's a washer/dryer setup in the basement for tenant convenience. Don't miss this high-income potential investment in a growing rental market!
    143 days
    on Zillow
    |
    244
    |
    18
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 22, 2025 at 12:54pm

    Listed by:

    Michael Weinraub 248-207-2987,

    Vantage Realty Group, LLC 734-287-6619

    Source: MichRIC,MLS#: 25011033MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 50 Waldo St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    Heating
    • Baseboard
    Appliances
    • Laundry: Common Area, In Basement, Laundry Room
    Features
    • Basement: Partial
    • Number of fireplaces: 1

    Property

    Parking
    • Total spaces: 10
    Lot
    • Size: 7,405.2 Square Feet
    • Dimensions: 50 x 150
    Details
    • Parcel number: 1430452005

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Units
    Materials
    • Brick
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1931

    Utilities & green energy

    • Utilities for property: Natural Gas Available, Cable Available, Cable Connected

    Community & HOA

    Location
    • Region: Pontiac

    Financial & listing details

    • Tax assessed value: $56,210
    • Annual tax amount: $3,552
    • Date on market: 3/21/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity
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