56 Waldo Street

Pontiac, Michigan 48341

  • 5 Bed(s)
  • 3 Bath(s)
  • 2,567 Sqft
  • 0.17
    Acre(Lot)
$265,000

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.








  • Property Type

    Multifamily

  • Subdivision

    Recreation Park Add

  • County

    Oakland

  • Style

    Other

  • AD ID

    49166819

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Property Details

  • Bathroom Information

    • Total Baths: 3
    • Full Baths: 3

    Room Information

    • Porches: Porch

    Interior Features

    • 100 Amp Service
    • Roof : Asphalt
    • Basement Description: Unfinished

    Heating & Cooling

    • Cooling: Ceiling Fan(s)
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

    Water Heater

    • Natural Gas

  • Building Information

    • Year Built: 1931
    • Building Stories: 2 Story
    • Total Units: 3
    • Roof: Asphalt
    • Foundation/Basement: Basement
    • Architecture: Other

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 0.17
    • Dimensions: 50.00 x 150.00

    Property Information

    • SQ ft: 2567
    • Subdivision: RECREATION PARK ADD
    • Financing: Contract

  • Listing Price Information

    • Original List Price: $265,000

    Listing Information

    • Possession: At Close
    • Legal Description: T3N, R10E, SEC 30 RECREATION PARK ADD LOT 101

  • Tax Information

    • Annual Tax: $2,521
    • Parcel Number: 1430452004

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: T3N, R10E, SEC 30 RECREATION PARK ADD LOT 101

  • Parking Information

    • Parking: 3

    Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 2

    Unit 3 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/09/2025 @ 22:53

  • MLS: 624749184
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 5 bedrooms which is for sale, it has 2,567 sqft, 0 sized lot, and On Street parking. are nearby neighborhoods.