Pontiac, MI 48341,56 WALDO Street
$265,000
Est.Price: ?

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3 BD
3 BA
2,567 SqFt

56 WALDO Street Pontiac, MI 48341

Est. payment /mo
SOLD DATE : 07/15/2025

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 2,567 sqft

Price per Sqft $106

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

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Realcomp MLS
Listed by Tracy A Petersen of VM Real Estate Group
Bought with Keller Williams Somerset

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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