56 WALDO Street, Pontiac MI 48341

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$273,000

56 WALDO Street, Pontiac, MI 48341

bedrooms

bathrooms

square feet

2,567

Acreage

0.17

Open Houses

year built

1931

Full Baths

Half Baths

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Discover an investment opportunity in the growing city of Pontiac! This well- maintained three-unit multi-family property is a gem, offering a combination of convenience, functionality, and strong income potential. The spacious first-floor unit is a standout, featuring a large three-bedroom, one-bath layout perfect for families or long-term tenants. With its city rental certificate in place, it's ready for immediate occupancy. Upstairs, you'll find two one-bedroom, one-bath units, both well-maintained and with their own rental inspections from the city. One of these units already has a strong, reliable, long-term tenant who pays promptly, for immediate cash flow. Each unit has its own separate gas and electric meters, providing convenience for tenants and simplifying utility management for you. The property also features one central water meter and has been recently upgraded with newer furnaces (2020) and a new roof (2024) . This means the major systems have been recently updated, reducing the need for immediate maintenance or repairs. Every unit comes complete with stoves and refrigerators, making them move in ready. Located in a community that’s steadily evolving and attracting attention, this property is an opportunity to capitalize on Pontiac’s ongoing growth. Whether you're a seasoned investor or just starting to build your portfolio, this property offers stability and potential. Available exclusively with land contract terms, it’s your chance to invest in the future of Pontiac while generating solid returns.

Location
Subdivision	RECREATION PARK ADD
County	Oakland
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 20250004614

Listing agent: Tracy A Petersen

Listing broker: Elite Realty (734) 513-2166

Last update: Thursday, January 23 2025 at 9:50 p.m. EST

Kotohomes National