#20250002882, Diane M Ducat, Listing Office: Keller Williams Premier
56 Waldo St Pontiac, MI 48341
Property details
About 56 Waldo St
This well-maintained three-unit property offers strong income potential. The first-floor unit is a spacious three-bedroom, one-bath layout, city-certified and ready for occupancy. Upstairs, two one-bedroom, one-bath units have passed city rental inspections, with one already occupied by a long-term tenant providing immediate cash flow. Each unit has separate gas and electric meters, with a single water meter for efficiency. Recent upgrades include new furnaces (2020) and a new roof (2024), reducing maintenance costs. Stoves and refrigerators are included in every unit. Located in a growing area, this property is near local businesses, transportation, and new development. It offers consistent rental demand and the potential for appreciation. Available with land contract terms, making it accessible for investors looking to expand their portfolio.
Highlights
Summary
- MLS Number: 20250021679
- MLS Name: Realcomp II Ltd
- Office Name: VM Real Estate Group
- Office Phone: (586) 797-0999
- Listing Agent: Tracy A Petersen
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Last updated on: 4/28/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$265,000
56 Waldo St
$3,147
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 03, 2016 | Home Sold | $17,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $72,900 | $2,414 |
2023 | $63,220 | $2,202 |
2022 | $55,320 | $2,202 |
2021 | $49,310 | $2,202 |
2020 | $44,130 | $2,107 |
2018 | $34,800 | $2,009 |
2017 | $33,440 | $1,932 |
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. The majority of Pontiac, MI residents have income less than $<35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 56 Waldo St in Pontiac, MI and zip code 48341. This 2,567 square foot home, which was built in 1931, sits on a 0.17 acre lot. Features: 3 bathrooms. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $265,000.
Over 9 listings were sold over their listed price in March 2025 in Pontiac, MI. In the same period over 14 listings were sold below the listed price and 6 listings were sold for the listed price. 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.