Sold
56 WALDO Street, Pontiac, MI 48341
Sold on 07/15/2025 for$273,000
MLS # 20250021679 (Realcomp)
Built 19310.17 acres
1 / 28
Listing 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.
Source: SparkMLS
About this home
Located in Pontiac in Pontiac, this property offers 3-bath, with original construction dating to 1931.
This home sold for $273,000.
Property tax estimate: $2,521 per year ($210/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.17 acres
Year Built1931
Location
CityPontiac
MunicipalityPontiac
Zip Code48341
CountyOakland
School DistrictPontiac
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed3/30/2025
Sold Date7/14/2025
Terms AcceptedLand Contract
Source: SparkMLS
Tax Information
Annual Tax$2,521
State Equalized Value$78,390
Taxable Value$42,370
Parcel #1430452004
Source: Public Records
Legal Description
T3N, R10E, SEC 30 RECREATION PARK ADD LOT 101
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Tracy A Petersen
VM Real Estate Group
Frequently Asked Questions about 56 WALDO Street, Pontiac, MI 48341
What school district is 56 WALDO Street, Pontiac, MI 48341 in?
Per MLS# 20250021679, this property is served by Pontiac. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20250021679, the seller has indicated this property accepts the following financing types: Land Contract. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20250021679, the most recent reported annual property tax for 56 WALDO Street, Pontiac, MI 48341 is $2,521. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 56 WALDO Street, Pontiac, MI 48341 eligible for USDA financing?
Per USDA Rural Development boundary data, 56 WALDO Street, Pontiac, MI 48341 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 56 WALDO Street, Pontiac, MI 48341 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 56 WALDO Street, Pontiac, MI 48341?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$1,719
Principal & interest$1,719
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Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteDSLSatellite
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
56 WALDO Street, Pontiac, MI 48341
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Municipality
Pontiac
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County
Oakland County
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