$130,000
$150,000
13.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Baths
0.28 Acres Lot
SOLD DATE : 12/18/2024
Key Details
Sold Price $130,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Saginaw
Subdivision Saginaw
MLS Listing ID 50153653
Sold Date 12/18/24
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
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