*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.
Top-Rated School District
Open House
$2,000,000

50 Wayne Street, Pontiac, MI, 48342

50 Wayne Street, Pontiac, MI, 48342
BEDS
N/A
BATHS
40
SQUARE FT.
N/A
BUILT IN
1920
Time Advantage
Due to day on market:
2 DAYS

Property Details

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.

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Key Details

Price per SqftN/A
MLS Listing ID60953703
Square FootageN/A Sqft
Lot SizeN/A
Originating BoardRealcomp MLS
HOA FeeN/A

Location

StateMI
CountyOakland
AreaPontiac
Zoning48342

Interior

Heating["Baseboard", "Natural Gas"]
Heat SourceNatural Gas

Exterior

PoolNo
Waterfrontno
Roof TypeN/A

Building

Lot DimensionsN/A
SewerSewer (Sewer-Sanitary)
WaterPublic (Municipal)
Structure Type

Others

Tax ID0824210132
Ownership
Acceptable FinancingCash, Conventional, VA

Schools / Nearby Schools

Top-Rated School DistrictTop-Rated
Source: GreatSchool.org © 2025. All rights reserved.
Walkability Score
8 / 10
Alameda High School
High School
Walkability Score
7 / 10
Lincoln Middle School
Middle School
Walkability Score
8 / 10
Frank Otis Elementary School
Elementary School
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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The data relating to real estate properties on this website was last updated as recently as 12/27/2025 11:00:00 PM EST.

Listing Information presented by local MLS brokerage: GoodHome Realty and MLS, Inc., REALTOR® - Quinton Lemond - (248) 928-4992.