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56 WALDO Street, Pontiac, MI 48341

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For Sale

$265,000

3 baths • 2,567 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $103.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 20250004614

Courtesy Of Elite Realty
31077 Schoolcraft Rd, Livonia, MI 48150
(734) 513-2166

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Architecture Style
    Tudor
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.17 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 56 WALDO Street, Pontiac, MI 48341

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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