For more information regarding the value of a property, please contact us for a free consultation.
3221 State Street Saginaw, MI 48602
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $124,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,976 sqft
Price per Sqft $62
Subdivision Mi
MLS Listing ID 50145051
Sold Date 07/18/24
Style 2 Story
Bedrooms 4
Full Baths 2
Half Baths 2
Year Built 1957
Annual Tax Amount $2,829
Tax Year 2023
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 (73039)
Rooms
Basement Block
Interior
Heating Forced Air
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Brick
Waterfront No
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Saginaw City School District
Others
Ownership Private
SqFt Source Assessors Data
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
Read Less
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Mid-Mitten Realty