3006 Douglass Street Pending

Saginaw,MI 48601

$ 150000

0 Bed

4 Baths

2569 SqFt


Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,569 sqft

Price per Sqft $58

Subdivision Harkness & Fox

MLS Listing ID 61050153653

Full Baths 4

Year Built 1869

Annual Tax Amount $1,509

Lot Size 0.280 Acres

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

Interior

Heating Forced Air,Separate Meters

Exterior

Waterfront no

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Schools

School District Saginaw City

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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