Pontiac, MI 48342,50 Wayne Street
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

26,880 SqFt


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$ 2,700,000
Est. payment | /mo
Save

40 Baths

26,880 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 26,880 sqft

Price per Sqft $100

Subdivision Mi

MLS Listing ID 60953703

Full Baths 40

Year Built 1920

Annual Tax Amount $1,473

Lot Dimensions 120x141

Property Sub-Type Multi-Family

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 Pontiac (63142)

Zoning Commercial

Rooms

Basement Common, Poured

Interior

Heating Baseboard

Fireplace No

Building

Foundation Basement

Water Public Water

Schools

School District Pontiac City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by ICON Realty Experts, LLC
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

Learn More About LPT Realty

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50 Wayne Street