Listing Courtesy of: Tracy Petersen - Elite Realty
$273,000
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56 WALDO Street Pontiac, MI 48341
Multi-Family
Residence
Beds
3
Baths
...
Bed/Bath
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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-bat...h 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.
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Source MLS
Real Comp
Originating MLS
Realcomp II Ltd
MLS#
20250004614
Property Type
Multi-Family
Bathrooms
3 Full
Year Built
1931
Lot Size
0.17
Stories
2.0
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