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Saginaw,MI 48601
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Saginaw
Subdivision Saginaw
MLS Listing ID 50153653
Originating Board MiRealSource
Year Built 1869
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 100 x 120
Property Description
Do not miss your chance at this incredible investment opportunity. Highlights include a new roof, a freshened exterior, four newly rehabbed units, and split electric and gas. Purchase this fully rented fourplex and start generating $2,938 in monthly rent, with the currents owners seeing a net operating income of $20,466 and a cap rate of 13.6%! Located close to the Farmers Market, Holidays in the Heart of the City, Ojibway Island, the Japanese Cultural Center, Saginaw Children’s Zoo, multiple outdoor areas like the Franke N Anderson Water and Skate Park, and the YMCA this property is sure to provide something for everyone.
Location
State MI
County Saginaw
Direction E
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Exterior
View Y/N No
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional