MI > Pontiac > Pontiac
Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
Pontiac, MI 48342,50 Wayne Street
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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619
$2,700,000
Est. payment /mo
40 Baths
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UPDATED:

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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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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