50 Waldo Street Pontiac, MI $ 425,000
50 Waldo Street
$ 425,000
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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 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!

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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,135

Style

Lot Size

0.17

Year Built

1931

Town/City

Pontiac

County/Region

Oakland

MLS | Web ID

70499573

Features
General
Heating Baseboard
Status Active Active
Year Built 1931
County Oakland
Class MULTIFAMILY
Type Multi-Family
Municipality Pontiac
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Pontiac (63142)
Primary City Pontiac
Directions N of Huron E of Telegraph
City Pontiac
Financial Terms Cash Conventional
Legal Description T3N R10E SEC 30 RECREATION PARK ADD LOT 100
DOM 57
Postal Code 48341
Public Remarks Investor's Dream! Turnkey 6-Unit Property in Pontiac - 5 One-Bedrooms + 1 StudioProperty is rental certified.Welcome to 50 Waldo St Pontiac
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Exterior
Exterior Brick
Frontage 50
Lot Size Area 0.17
Lot Dimensions 50x150
Lot Description Sidewalks
Waterfront Y/N No
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Interior
Total Number of Units 6
Fuel Type Natural Gas
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* Excluded Features
List By
Michael Weinraub

Listing Agent

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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$425,000 Listed Price

Map


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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