MAKE MONEY ON MICHIGAN AVE! Calling all landlords.. Now is your opportunity to own this 8 unit complex that includes 4 ranch duplexes. Each unit features 864 sq ft with 2 bedrooms, 1 full bathroom, central a/c and a full basement. This great investment property is conveniently located in Saginaw close to I-675, shopping on Tittabawassee and Bay Rd and Saginaw Valley State University. The units are currently renting for $700 each (below current market value) and holds 4 tenants who have been there for over 1 year, 3 tenants who moved in April 2023 and 1 vacant side available to view. All leases are for 1 year, then month to month after the 1 year. Every unit has its own gas, water and electric that is paid by tenants. Current owners pays for lawn care and snow removal. Call today for a private showing!
View full listing detailsPrice: | $$550,000 |
Address: | 4915 N Michigan Avenue |
City: | Saginaw |
County: | Saginaw |
State: | Michigan |
Zip Code: | 48604 |
Subdivision: | N/A |
MLS: | 50107441 |
Year Built: | 1972 |
Square Feet: | 6,912 |
Acres: | 1.520 |
Lot Square Feet: | 1.520 acres |
Bedrooms: | 16 |
Bathrooms: | 8 |
additionalDocumentsYN: | no |
appliances: | Range/Oven, Refrigerator |
areaMunicipality: | Carrollton Twp (73008) |
assessmentsYN: | no |
associatedDocumentCount: | 1 |
associationLandlordPays: | Snow Removal, Taxes, Trash Removal |
basementType: | Block |
basementYN: | yes |
bathsLavsTotal: | 8 |
boardConfirmed: | Yes |
class: | MULTIFAMILY |
contract: | Exclusive Right to Sell |
coolingSystem: | Ceiling Fan(s), Central A/C |
exteriorConstruction: | Brick |
exteriorFeatures: | Porch |
financialTerms: | Cash, Conventional |
fips: | 26145 |
fireplaceYN: | no |
foundationType: | Basement |
frontage: | 200 |
fuelType: | Natural Gas |
fullServiceListingYN: | yes |
geoSubdivision: | MI |
guestListingsYN: | No |
heatingSystem: | Forced Air |
interiorFeatures: | 9 ft + Ceilings, Cable/Internet Avail., Cathedral/Vaulted Ceiling, Sump Pump, Window Treatment(s) |
leaseInformation: | Less than 1 Year, Lease Term 1-2 Years, Renegotiable, Lease Required |
leaseYN: | no |
listingExceptionYN: | no |
listingVisibilityType: | MLS Listing |
location: | Dead End, Main Street |
lotSize: | 200x330 |
mlsOnlyListingYN: | no |
municipality: | Carrollton Twp |
municipalityType: | Township |
ownership: | Private |
parking: | 3 or More Spaces |
principalResExemptYN: | No |
publicGlrWebsites: | Yes |
publicMirsWebsite: | Yes |
saleRent: | For Sale |
schoolDistrict: | Carrollton School District |
separateElectricYN: | Yes |
separateGasYN: | Yes |
separateHeatYN: | Yes |
separateWaterYN: | Yes |
sewerSeptic: | Other-See Remarks |
signedDisclosureYN: | yes |
sourceOfSqFt: | Public Records |
structureStyle: | 1 Story |
styles: | Ranch |
subRoomDescription: | Breezeway, Entry, First Floor Bedroom, Living Room, Lower Level Laundry |
subjToShortSaleApprvl: | No |
summerTaxAmount: | 1421.75 |
summerTaxYear: | 2022 |
totalTaxAmount: | 10387.25 |
totalTaxYear: | 2022 |
totalUnits: | 8 |
unit1Bedroom1Length: | 10 |
unit1Bedroom1Level: | Main |
unit1Bedroom1Width: | 13 |
unit1Bedroom2Length: | 10 |
unit1Bedroom2Level: | Main |
unit1Bedroom2Width: | 11 |
unit1DiningRoomLength: | 9 |
unit1DiningRoomLevel: | Main |
unit1DiningRoomWidth: | 9 |
unit1KitchenLength: | 8 |
unit1KitchenLevel: | Main |
unit1KitchenWidth: | 8 |
unit1LivingRoomLength: | 14 |
unit1LivingRoomLevel: | Main |
unit1LivingRoomWidth: | 15 |
unit1RentRate: | 700 |
unit2Bedroom1Length: | 10 |
unit2Bedroom1Level: | Main |
unit2Bedroom1Width: | 13 |
unit2Bedroom2Length: | 10 |
unit2Bedroom2Level: | Main |
unit2Bedroom2Width: | 11 |
unit2DiningRoomLength: | 9 |
unit2DiningRoomLevel: | Main |
unit2DiningRoomWidth: | 9 |
unit2KitchenLength: | 8 |
unit2KitchenLevel: | Main |
unit2KitchenWidth: | 8 |
unit2LivingRoomLength: | 14 |
unit2LivingRoomLevel: | Main |
unit2LivingRoomWidth: | 15 |
unit2RentRate: | 700 |
unit3Bedroom1Length: | 10 |
unit3Bedroom1Level: | Main |
unit3Bedroom1Width: | 13 |
unit3Bedroom2Length: | 10 |
unit3Bedroom2Level: | Main |
unit3Bedroom2Width: | 11 |
unit3DiningRoomLength: | 9 |
unit3DiningRoomLevel: | Main |
unit3DiningRoomWidth: | 9 |
unit3KitchenLength: | 8 |
unit3KitchenLevel: | Main |
unit3KitchenWidth: | 8 |
unit3LivingRoomLength: | 14 |
unit3LivingRoomLevel: | Main |
unit3LivingRoomWidth: | 15 |
unit3RentRate: | 700 |
unit4Bedroom1Length: | 10 |
unit4Bedroom1Level: | Main |
unit4Bedroom1Width: | 13 |
unit4Bedroom2Length: | 10 |
unit4Bedroom2Level: | Main |
unit4Bedroom2Width: | 11 |
unit4KitchenLength: | 8 |
unit4KitchenLevel: | Main |
unit4KitchenWidth: | 8 |
unit4LivingRoomLength: | 14 |
unit4LivingRoomLevel: | Main |
unit4LivingRoomWidth: | 15 |
unit4RentRate: | 700 |
water: | Public Water |
waterHeater: | Gas |
waterfrontYN: | no |
winterTaxAmount: | 8965.5 |
winterTaxYear: | 2022 |
zoning: | Commercial |