$1,899,999
50 wayne street, pontiac, MI 48342
Property Description
*MOTIVATED SELLER* 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.
General Information
Price: $1,899,999
Price/SqFt: $71
Status: Active
MLS#: 20251054304
City: pontiac
Post Office: pontiac
Schools: pontiac
County: Oakland
Lot Dimensions: 120x141
Bedrooms:0
Bathrooms:40 (40 full, 0 half)
Size: 26,880 sq.ft.
Acreage:
Year Built: 1920
Property Type: Multifamily
Style: 4-10 Story
Features & Room Sizes
Exterior: Block
Basement: 1
Heating: Baseboard
Heating: Baseboard
Tax, Fees & Legal
Est. Summer Taxes: $1,473
Est. Winter Taxes: $0
Est. Winter Taxes: $0
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and , ©2025 Realcomp II Ltd. Shareholders Listing By: Amer Bally of ICON Realty Experts, LLC, Phone: (248) 985-9961
