3006 Douglass Active

Saginaw,MI 48601

$ 150000

- Bed

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Saginaw

MLS Listing ID 50153653

Year Built 1869

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

Interior

Heating Forced Air

Exterior

View Y/N No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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