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Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 150,000

Est. payment -/mo

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Active

3006 Douglass Street Saginaw, MI 48601

4 Baths

2,569 SqFt

UPDATED:

10/16/2024 02:21 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,569 sqft

Price per Sqft $58

Subdivision Harkness & Fox

MLS Listing ID 61050153653

Full Baths 4

Originating Board Saginaw Board of REALTORS�

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

Interior

Heating Forced Air, Separate Meters

Fireplace no

Heat Source Natural Gas

Exterior

Pool No

Waterfront no

Garage no

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Schools

School District Saginaw City

Others

Pets Allowed Yes

Tax ID 12029900000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Real Estate One Great Lakes Bay

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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