$1,780,000

50 Wayne Street, Pontiac, MI 48342

  • 40 baths |
  • 26,880 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $66/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Data Last Updated:
February 15, 2026 at 11:42PM
Listing Office:
ICON Realty Experts, LLC : 2489859961
Listing Agent:
Amer Bally : 5869453424
MLS ID:
20261000001
  • Basement: CommonFullUnfinished
  • Heating: BaseboardNatural gas
  • Style: High rise
  • Pool: None
  • General: BlockStory4to10BasementPoured
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Pontiac
  • County: Oakland
  • Zoning: PA 146 OF 2000CERTIFICATE #3-19-001312/31/19 - 12/30/31REFERENCE #14-29-433-00350 WAYNE STOR19100013
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Amer Bally , ICON Realty Experts, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Whitman Elementary School

125 W Montcalm St, Pontiac, MI, 48342

Grades KG-5

1.39 miles away

P

Pontiac Middle School

1275 N Perry St, Pontiac, MI, 48340

Grades 6-8

2.35 miles away

B

Bethune Adult Education

1051 Arlene Ave, Pontiac, MI, 48340

Grades 12-12

2.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.