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!
Active
$425,000
50 Waldo St, Pontiac, MI 48341
1beds
1baths
--sqft
Est.:
5+ Units
Built in 1931
-- sqft lot
$392,800 Zestimate®
$--/sqft
$-- HOA
What's special
Mechanical room
- 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#: 25011033

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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