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318 N Michigan Avenue Saginaw, MI 48602
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Key Details
Sold Price $230,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $104
Subdivision Mi
MLS Listing ID 50136414
Sold Date 07/22/24
Year Built 1951
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 63X120
Property Description
This property has two retail suites on the ground floor one is rented for $850 and the other one is rented for $700. Second floor has three apartments. Unit 1 is 1 bedroom and is rented for $750, unit 2 is 1 bedroom and is rented for $750, and unit 3 is 2 bedrooms and is rented for $690. Landlord pays water and gas. Tenants pay electricity. Lamar advertising Company pays $3,000 a year for 2 billboards. Improvement includes duro Last roof in 2021. New sump pump and back up. New Paint. New Flooring. New dishwashers. Updated Water System. New hot water heater in one office building and 2 units upstairs. 17 Parking spaces.
Location
State MI
County Saginaw
Area Saginaw (73039)
Exterior
Waterfront No
Building
Water Public Water at Street
Others
Ownership LLC
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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