#20240089385, Joseph Tinpan, Listing Office: New Michigan Realty, LLC
50 Waldo St Pontiac, MI 48341
Property details
About 50 Waldo St
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!
Highlights
Summary
- MLS Number: 81025011033
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Vantage Realty Group, LLC
- Office Phone: (734) 287-6619
- Listing Agent: Michael Weinraub
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Last updated on: 4/8/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$425,000
50 Waldo St
$5,047
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $58,260 | $3,407 |
2023 | $53,540 | $1,336 |
2022 | $51,270 | $1,336 |
History based on county public records data.
Nearby schools
3
Donelson Hills Elementary School
Public District KG-5
1.2 mi
•2690 Wewoka Rd
2
Whitman Elementary School
Public District KG-5
1.5 mi
•125 W Montcalm St
2
Alcott School
Public District KG-5
2.0 mi
•460 W Kennett Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,912. Most Pontiac, MI residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 50 Waldo St in Pontiac, MI and zip code 48341. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $425,000.
In March 2025 more than 9 listings in Pontiac, MI were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 14 were sold below. In March 2025 in Pontiac, MI there were 27.8% more homes for sale than in February. The median list price of listings available in March 2025 was $140,000, while the average time on the real estate market was 46 days.