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Tru Living Group LLC

infomi@trulivingroup.com +1(734) 746-5001

$ 425,000

Est. payment -/mo

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Active

50 Waldo ST Pontiac, MI 48341

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025052921

Year Built 1931

Property Sub-Type MultiFamily

Property Description

Investor's Dream! Turnkey 6-Unit Property in Pontiac - 5 One-Bedrooms + 1 StudioProperty 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!

Location

State MI

County Oakland

Area Area02142Pontiac

Rooms

Basement Full

Interior

Heating Baseboard, NaturalGas

Laundry CommonArea, GasDryerHookup, InBasement, LaundryRoom

Exterior

Community Features Sidewalks

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected

View Y/N No

Roof Type Tile

Building

Sewer PublicSewer, SewerAtStreet

Water Public

Schools

School District Pontiac

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Michael Weinraub of Vantage Realty Group, LLC

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