$124,000
$139,000
10.8%For more information regarding the value of a property, please contact us for a free consultation.
3221 State Street Saginaw, MI 48602
3 Baths
1,976 SqFt
Key Details
Sold Price $124,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $62
Subdivision View Point
MLS Listing ID 61050145051
Sold Date 07/18/24
Full Baths 2
Half Baths 2
Originating Board Saginaw Board of REALTORS®
Year Built 1957
Annual Tax Amount $2,829
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 X 131
Property Description
Welcome to 3221 State St, Saginaw, MI "“ an exceptional investment opportunity in the heart of Saginaw. This property presents a well-maintained duplex, offering two separate units, each comprising 2 bedrooms and 1.5 bathrooms. Unit 1 features comfortable living spaces and is currently leased at $625 per month. Unit 2 boasts the same layout with the added convenience of an attached half-bath. Generating $725 per month, this unit offers a higher rental return, contributing to a robust investment portfolio. Benefiting from a desirable location, this duplex is situated in a community with access to amenities, schools, and local attractions. Its proximity to key establishments ensures a steady flow of potential tenants, enhancing its investment appeal. With one tenant on a month-to-month lease and the other's lease expiring at the end of the year, this property provides flexibility for an investor seeking to maintain current rental arrangements or explore new opportunities. Don't miss out on this prime investment offering in Saginaw, MI. Whether you're a seasoned investor or just beginning to build your portfolio, 3221 State St promises both immediate returns and long-term potential.
Location
State MI
County Saginaw
Area Saginaw
Interior
Heating Forced Air, Separate Meters
Fireplace no
Heat Source Natural Gas
Exterior
Porch Porch
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Brick
Schools
School District Saginaw City
Others
Pets Allowed Yes
Tax ID 20277300000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Mid-Mitten Realty