Description
Special and rare opportunity to own a 5-unit apartment building right on the outskirts of downtown saginaw. located within short distance of the city's bus station, dow event center, social security administration, east side soup kitchen, and premier cannabis. this apartment building features (4) one-bedroom and (1) two-bedroom units. it has been set up for veterans on veterans with va disability. long-term tenants' leases are renewed yearly, and the building was rehabbed less than 2 years ago. newer roof replaced in 2022, tankless water heater 2023, (2) furnaces 2023, toilets, led lighting, cabinets, refrigerators, etc. coin laundry, security cameras, ecobee thermostats, and a maintenance man is in place. all showings will be scheduled only after an accepted offer and verified proof of funds or pre-approval letter. owner is selling to reallocate funds toward a new development project, owner negotiable.
Property Type
MultifamilyCounty
SaginawStyle
MultifamilyAD ID
50299240
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 5
- Full Baths: 5
Room Information
- Porches: Porch
Interior Features
- Laundry Facility,Egress Window(s)
- Basement Description: Daylight
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
Water Heater
- Tankless
-
Exterior Features
Building Information
- Year Built: 1879
- Building Stories: 2 Story
- Total Units: 5
- Foundation/Basement: Basement,Michigan Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Water at Street
- Water Heat: Tankless
-
Property / Lot Details
Lot Information
- Lot Size: 0.15
- Dimensions: 6534
Property Information
- SQ ft: 3752
- Subdivision: Houghton Jones
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $295,000
Listing Information
- Possession: Other
- Legal Description: E.53FT.OF LOT 8.EXC.S.3FT.,E.53 FT.OF LOT 14,BLK.44,GLASBY & GALLAGHERS ADDITION
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,413
- Parcel Number: 90300017000000
Possession
- Other
Legal Information
- Legal Description: Section: E.53FT.OF LOT 8.EXC.S.3FT.,E.53 FT.OF LOT 14,BLK.44,GLASBY & GALLAGHERS ADDITION
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
-
School, Utilities & Location Details
Utility Information
- Water:Water at Street
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 07/04/2025 @ 11:49
- MLS: 629205060
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 0 bedrooms which is for sale, it has 3,752 sqft, 0 sized lot, and Assigned parking. are nearby neighborhoods.