$550,000
$550,000
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8 Baths
6,912 SqFt
SOLD DATE : 05/22/2023
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 6,912 sqft
Price per Sqft $79
MLS Listing ID 61050107439
Sold Date 05/22/23
Style Ranch
Full Baths 8
Originating Board Saginaw Board of REALTORS®
Year Built 1972
Annual Tax Amount $10,387
Lot Size 1.520 Acres
Acres 1.52
Lot Dimensions 200x330
Property Description
MAKE MONEY ON MICHIGAN AVE! Calling all landlords.. Now is your opportunity to own this 8 unit complex that includes 4 ranch duplexes. Each unit features 864 sq ft with 2 bedrooms, 1 full bathroom, central a/c and a full basement. This great investment property is conveniently located in Saginaw close to I-675, shopping on Tittabawassee and Bay Rd and Saginaw Valley State University. The units are currently renting for $700 each (below current market value) and holds 4 tenants who have been there for over 1 year, 3 tenants who moved in April 2023 and 1 vacant side available to view. All leases are for 1 year, then month to month after the 1 year. Every unit has its own gas, water and electric that is paid by tenants. Current owners pays for lawn care and snow removal. Call today for a private showing!
Location
State MI
County Saginaw
Area Carrollton Twp
Zoning Commercial
Interior
Interior Features Other, High Spd Internet Avail
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Cooling Ceiling Fan(s), Central Air
Heat Source Natural Gas
Exterior
Pool No
Porch Porch
Road Frontage Paved
Building
Foundation Basement
Sewer Other/None
Water Public (Municipal)
Architectural Style Ranch
Level or Stories 1 Story
Structure Type Brick
Schools
School District Carrollton
Others
Pets Allowed Yes
Tax ID 11124012007000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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