Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
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$2,700,000
Est. payment /mo
40 Baths
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Pontiac

Subdivision Pontiac

MLS Listing ID 20251054304

HOA Y/N true

Year Built 1920

Annual Tax Amount $1,473

Lot Dimensions 120x141

Source Realcomp

Property Description

Welcome to your next generational wealth builder. Located in the heart of downtown Pontiac, this impressive 38-unit apartment building is ready for transformation. With fully approved plans and all city and building permits in place, you can close and begin interior work immediately. The project includes $1.9 million in approved grants to significantly reduce your out-of-pocket costs and allow you to reinvest directly into the renovation and future tenants. A rare opportunity in a rapidly growing market. Schedule your showing today. All showings will be held only with appointments, or our open houses/building tours.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Commercial

Direction Once you get into the city of pontiac - turn onto Wayne St

Interior

Heating Baseboard

Exterior

Amenities Available Pets Allowed

View Y/N No

Building

Water Public

Schools

School District Pontiac

Others

Tax ID OR19100013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by ICON Realty Experts, LLC

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

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