Serving the Frankenmuth Area and all of Michigan

$659,000 for Sale

1525 schust, saginaw, MI 48604

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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.
General Information
Sale Price: $659,000
Price/SqFt: $63
Status: Active
MLS#: 50189269
City: carrollton twp
Post Office: saginaw
County: Saginaw
Acres: 1.25
Lot Dimensions: 240 x 226
Size: 10,432 sq.ft.
Acreage: 1.25 est.
Year Built: 1977
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $1,863
Est. Winter Taxes:  $9,609


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(989) 529-9671 Call Scott R. Rausch for more information about this property.

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Scott R. Rausch
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(989) 529-9671

Office:
(989) 652-3238