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$150,000
Est. payment /mo
6 BD
4 BA
2,569 SqFt
Active
3006 Douglass Street Saginaw, MI 48601
UPDATED:
10/16/2024 02:00 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,569 sqft
Price per Sqft $58
Subdivision Mi
MLS Listing ID 50153653
Style 2 Story
Bedrooms 6
Full Baths 4
Year Built 1869
Annual Tax Amount $1,509
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
Area Saginaw (73039)
Interior
Heating Forced Air
Fireplace No
Exterior
Waterfront No
Building
Story 2 Story
Foundation Crawl
Water Public Water
Schools
School District Saginaw City School District
Others
Ownership Private
SqFt Source Public Records
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Real Estate One Great Lakes Bay