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.
Last Agent to Sell the Property
Real Estate One Great Lakes Bay License #SBR-6501436922
Home Type
Est. Annual Taxes
Year Built
Lot Details
Interior Spaces
Bedrooms and Bathrooms
Utilities
Listing and Financial Details
Overview
Building Details
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $130,000 | -13.3% | $51 / Sq Ft |
| 10/29/2024 10/29/24 | Pending | -- | -- | -- |
| 08/28/2024 08/28/24 | For Sale | $150,000 | +400.0% | $58 / Sq Ft |
| 01/05/2024 01/05/24 | Sold | $30,000 | -18.9% | $12 / Sq Ft |
| 12/27/2023 12/27/23 | Pending | -- | -- | -- |
| 12/13/2023 12/13/23 | For Sale | $37,000 | 0.0% | $14 / Sq Ft |
| 07/08/2022 07/08/22 | Sold | $37,000 | -17.6% | $14 / Sq Ft |
| 06/13/2022 06/13/22 | Pending | -- | -- | -- |
| 06/11/2022 06/11/22 | Price Changed | $44,900 | 0.0% | $17 / Sq Ft |
| 06/11/2022 06/11/22 | For Sale | $44,900 | +21.4% | $17 / Sq Ft |
| 05/23/2022 05/23/22 | Off Market | $37,000 | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $49,900 | +99.6% | $19 / Sq Ft |
| 02/14/2022 02/14/22 | Sold | $25,000 | -44.3% | $10 / Sq Ft |
| 02/01/2022 02/01/22 | Pending | -- | -- | -- |
| 01/20/2022 01/20/22 | Price Changed | $44,900 | 0.0% | $17 / Sq Ft |
| 01/20/2022 01/20/22 | For Sale | $44,900 | -10.2% | $17 / Sq Ft |
| 01/12/2022 01/12/22 | Price Changed | $50,000 | -33.2% | $19 / Sq Ft |
| 01/11/2022 01/11/22 | Price Changed | $74,900 | +49.8% | $29 / Sq Ft |
| 01/03/2022 01/03/22 | Pending | -- | -- | -- |
| 12/06/2021 12/06/21 | Price Changed | $50,000 | -23.0% | $19 / Sq Ft |
| 10/25/2021 10/25/21 | Price Changed | $64,900 | -13.4% | $25 / Sq Ft |
| 10/19/2021 10/19/21 | For Sale | $74,900 | -- | $29 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,278 | $22,000 | $0 | $0 |
| 2023 | $2,283 | $19,900 | $0 | $0 |
| 2022 | $805 | $16,600 | $0 | $0 |
| 2021 | $1,724 | $12,100 | $0 | $0 |
| 2020 | $1,601 | $11,400 | $0 | $0 |
| 2019 | $1,561 | $11,100 | $800 | $10,300 |
| 2018 | $1,405 | $10,473 | $0 | $0 |
| 2017 | $1,490 | $10,150 | $0 | $0 |
| 2016 | $1,376 | $10,080 | $0 | $0 |
| 2014 | -- | $10,148 | $0 | $9,279 |
| 2013 | -- | $10,217 | $0 | $0 |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,000 | New Conventional | |
| Closed | $104,000 | New Conventional |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | Saginaw Bay Area Title | |
| Warranty Deed | $130,000 | Saginaw Bay Area Title | |
| Warranty Deed | $30,000 | Saginaw Bay Area Title | |
| Warranty Deed | $37,000 | Homeland Title Services | |
| Warranty Deed | $25,000 | Crossroads Title | |
| Quit Claim Deed | $2,500 | -- | |
| Deed | $5,000 | -- |
$135,000
For Sale: Remodeled Three-Unit Apartment This recently remodeled three-unit apartment building offers a fantastic opportunity for investors or homeowners looking to generate rental income. With two units currently rented at $775/month each, you already have immediate cash flow,and the third unit is ready for your personal touch or to be completed for additional income. Unit 1 – 2 bedrooms 1
Sarah Gilbert Irongate Realty Group
Source: Michigan Multiple Listing Service
MLS Number: 50153653
APN: 91200299000000
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Source MLS: MiRealSource
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