Carrollton Twp, MI 48604,4915 N Michigan Avenue

$550,000

Est. payment /mo

$550,000

Est.Price: ?

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4915 N Michigan Avenue Carrollton Twp, MI 48604

8 Baths

6,912 SqFt

SOLD DATE : 05/22/2023

Key Details

Sold Price $550,000

Property Type Multi-Family

Sub Type Ranch

Listing Status Sold

Purchase Type For Sale

Square Footage 6,912 sqft

Price per Sqft $79

MLS Listing ID 61050107439

Style Ranch

Full Baths 8

Year Built 1972

Annual Tax Amount $10,387

Lot Size 1.520 Acres

Property Description

MAKE MONEY ON MICHIGAN AVE! Calling all landlords.. Now is your opportunity to own this 8 unit complex that includes 4 ranch duplexes. Each unit features 864 sq ft with 2 bedrooms, 1 full bathroom, central a/c and a full basement. This great investment property is conveniently located in Saginaw close to I-675, shopping on Tittabawassee and Bay Rd and Saginaw Valley State University. The units are currently renting for $700 each (below current market value) and holds 4 tenants who have been there for over 1 year, 3 tenants who moved in April 2023 and 1 vacant side available to view. All leases are for 1 year, then month to month after the 1 year. Every unit has its own gas, water and electric that is paid by tenants. Current owners pays for lawn care and snow removal. Call today for a private showing!

Location

State MI

County Saginaw

Area Carrollton Twp

Zoning Commercial

Interior

Hot Water Natural Gas

Heating Forced Air, Separate Meters

Cooling Ceiling Fan(s), Central Air

Building

Foundation Basement

Sewer Other/None

Water Public (Municipal)

Structure Type Brick

Schools

School District Carrollton

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Adam Hansen of Modern Realty
Bought with Modern Realty
agent

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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