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50 Waldo Street Pontiac, MI $ 425,000
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$ 425,000 Get more info
50 Waldo Street
$ 425,000
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Share Save

50 Waldo Street

Pontiac, MI, 48341
$ 425,000
Baths0.0

Monthly Estimate*

$ 2,651

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Studio

Multi-Family Home for sale in Pontiac, MI

for $425,000. This home was built in 1931 on a lot size of 0.17.

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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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,135

Style

5+ Units

Lot Size

0.17

Year Built

1931

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

25052921
Features
General
Sewer Public Sewer
Heating Baseboard
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Natural Gas Connected Electricity Connected
Possession Close Of Escrow Subject To Tenant Rights
Roof Tile
Construction Materials Brick
Year Built 1931
Tenant Pays Electric
Township Pontiac City
Property Subtype 5+ Units
Tax Year 2024
County Oakland
New Construction N
Property Type Multi Family
Status Active
Directions N of Huron E of Telegraph
City Pontiac
High School District Pontiac
Number Of Units Total 6
MLS Area Oakland County - 70
Lot Size Units Acres
Lot Size Square Feet 7492.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 6135.0
Lease Renewal Y/N N
MLS Area Minor Oakland County - 70
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 56210
Legal Description T3N R10E SEC 30 RECREATION PARK ADD LOT 100
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Laundry Features Common Area Gas Dryer Hookup In Basement Laundry Room
Total Baths 0
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Exterior
Lot Features Sidewalk
Total Parking 6.0
Lot Size Area 0.17
Number of Buildings 1
Spa N
Lot Dimensions 50x150
Lot Size Acres 0.17
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 50
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* Excluded Features
List By
Vantage Realty Group, Llc

Broker

Mweinraub3@gmail.com

Email

Affordability Calculator

$3,163
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$511
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4139636 Elementary School
4139635 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2025$425,000 Listed Price

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50 Waldo Street, Pontiac, MI, 48341 is a Multi-Family Home for sale at $425,000 with a lot size of 0.17. 50 Waldo Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 48341 which is in Pontiac, MI

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