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$425,000
Est. payment /mo
7,492 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Pontiac City
MLS Listing ID 25011033
Year Built 1931
Annual Tax Amount $3,552
Tax Year 2024
Lot Size 7,492 Sqft
Acres 0.17
Lot Dimensions 50x150
Property Sub-Type 5+ Units
Property Description
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!
Location
State MI
County Oakland
Area Oakland County - 70
Direction N of Huron, E of Telegraph
Rooms
Basement Partial
Interior
Heating Baseboard
Fireplaces Number 1
Laundry Common Area, In Basement, Laundry Room
Exterior
Utilities Available Natural Gas Available, Cable Available, Cable Connected
View Y/N No
Roof Type Tile
Total Parking Spaces 10
Building
Structure Type Brick
New Construction No
Schools
School District Pontiac
Others
Tax ID 14-30-452-005
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Vantage Realty Group, LLC