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$315,000   Price Analysis
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137 S Saginaw St
Saint Charles, MI 48655
7 bed 6 bath 4,079 SqFt ($77/SqFt)
2,614SqFt lot. Built 1885
Listed 2022-09-15
USDA Eligible
near Saint Charles, MI
 Restrictions may apply
due to home size

Six fully rented apartments and a waiting list if any tenant moves out.

Apt. 5 is a studio apt. State inspection done every three years- completed in 2022 with no problems. Furnace new in 2020; electrical updated in 2016; landlord pays for all utilities. Furnace and hot water heater checkd every year.

Three apts, ar e on the 2nd floor, 2 on the firstfloor, plus the studio apt.;apt. 3 has newer carpet and kitchen floor, apt. 4 has laminated wood flooring, apt. 6 has a washer and dryer. Unit 5 income-$350; unit 6-$ 575. Monthly income before expenses-$3050. Yearly income after expenses $30, 000.


Presented by Kay Kretz at
Keller Williams Glbr.


Property MLS #50090219 from Saginaw

Bedrooms: 7

Total Bathrooms: 6 / 0
Full Bathrooms: 6
Bathroom 1 Description: Total Bathrooms: 6

Range/Oven
Refrigerator

Cooling Features: Central A/C
Heating Features: Boiler, Forced Air
Heating Fuel: Natural Gas
Water Heaters: Gas

Sidewalks
Roads: City/County

Lot Size Acres: 0.06
Lot Size Dimensions: 0 x 0
Lot Size Square Feet: 2614

Parking Features: Unassigned/General

Number of Units: 6
Unit 6 Total Actual Rent: 575

School District: St Charles Community Schools

St. Charles Elementary School is a public elementary school located approximately 0.6 miles away.
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St. Charles Community High School is a public middle and high school located approximately 0.7 miles away.
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Lease Assignable: No
Lease Term: Electric Included, Gas Included, Heat Included, Water Included

Source Listing Status: Active
County: Saginaw
Tax Year: 2023
Source Property Type: Multi-Family
Area: Saint Charles (73040)
Source Neighborhood: CS Kimberleys
Owner Pays: Electric, Gas, Snow Removal, Taxes, Water/Sewer
Parcel Number: 24 10 3 05 0609 000
Property Location: Main Street
Subdivision: CS Kimberleys
Township: Saint Charles Township
Zoning: Commercial
Source System Name: C2C

Relisted 2023-09-20
$315,000
Saginaw
Listing removed 2023-09-15
$0
Saginaw
Listed 2022-09-15
$325,000
Saginaw

Total Square Feet Living: 4079
Year Built: 1885
Building Exterior Type: Exterior Construction: Brick
Foundation Details: Slab
Property Age: 139
Levels or Stories: 2
Structure Type: 2 Story

Sewer: Public Sanitary
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.