56 WALDO Street Active Save Request In-Person Tour Request Virtual Tour
Pontiac,MI 48341
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,567 sqft
Price per Sqft $103
Subdivision Recreation Park Add
MLS Listing ID 20250021679
Style Other
Bedrooms 3
Full Baths 3
Year Built 1931
Annual Tax Amount $2,521
Lot Size 7,405 Sqft
Property Sub-Type Other
Property Description
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.
Location
State MI
County Oakland
Area Pontiac
Zoning Multi-Family
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Ceiling Fan(s)
Exterior
Garage Spaces 3.0
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Pontiac
Others
Assessment Amount $192
Acceptable Financing Contract
Listing Terms Contract