Mid-Mitten Realty
1525 Schust Road Active Save Request In-Person Tour Request Virtual Tour
Saginaw,MI 48604
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,432 sqft
Price per Sqft $63
Subdivision Mi
MLS Listing ID 50189269
Year Built 1977
Annual Tax Amount $11,472
Lot Size 1.250 Acres
Acres 1.25
Lot Dimensions 240 x 226
Property Sub-Type Commercial/Industrial
Property Description
Investment Opportunity – 16-Unit Apartment Building Prime 16-unit apartment complex situated on a corner lot with excellent visibility and parking in front. Property features: Unit Mix: 2 studios, 12 one-bedroom units, and 2 two-bedroom units Fully Rented: Strong rental history with 100% occupancy Updated Systems: Newer roof and separate utility meters Tenant-Paid Utilities: Tenants cover gas and electric On-Site Amenities: Laundry facilities for added convenience. A solid income-producing property with long-term upside potential.
Location
State MI
County Saginaw
Area Carrollton Twp (73008)
Zoning Multi-Family,Commercial
Interior
Heating Wall Heat,Electric Heat,Forced Air
Cooling Ceiling Fan(s),HVAC,Window Unit(s)
Exterior
Parking Features 11-20 Spaces
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Brick,Wood
Others
Ownership LLC
SqFt Source Assessors Data
Energy Description Natural Gas
Financing Cash,Commercial Loan,Conventional