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Key Details
Sold Price $85,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Saginaw
Subdivision Saginaw
MLS Listing ID 50155522
Sold Date 12/16/24
Originating Board MiRealSource
Year Built 1889
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 60 x 120
Property Description
Side by side duplex with split utilities and active leases! Located just west of the Saginaw River and only blocks from downtown, this prime location attracts tenants. The hard work is done, sit back and enjoy the returns with monthly rent totaling $1,775 and with the current owners seeing a net operating income of $18,287 and a cap rate of 20.3%!
Location
State MI
County Saginaw
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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