UPDATED:
Key Details
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $50
Subdivision Storchs Add
MLS Listing ID 20261048958
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1904
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type SingleFamilyResidence
Property Description
Excellent opportunity to add a stabilized, income-producing property to your portfolio. This well-maintained home is currently tenant occupied and generating **$900 per month**, providing immediate rental income from day one and eliminating the initial vacancy period that often comes with acquiring a new investment property.
The home offers a functional layout, comfortable living areas, and practical everyday space that continues to appeal to long-term renters. With established occupancy already in place, this property is ideal for investors looking for a straightforward buy-and-hold opportunity with existing cash flow and long-term upside.
Conveniently located near downtown Saginaw, shopping, restaurants, schools, parks, healthcare facilities, and major roadways, the property offers easy access throughout the Great Lakes Bay Region while remaining in an established residential neighborhood with consistent rental demand.
Whether you're an experienced investor expanding your portfolio or purchasing your first rental, this property offers an attractive combination of **current income, affordable entry point, location, and future appreciation potential**.
**Currently rented for $900 per month. Tenant occupied. Please do not disturb tenants. Showings by confirmed appointment only.**
**Novation:** Buyer holds an equitable interest in the property and is marketing the property with the owner's authorization for the purpose of locating a new buyer.
Location
State MI
County Saginaw
Area Area73072Saginaw
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features TwoCarGarage, Detached
Garage Spaces 2.0
Pool None
View Y/N No
Garage true
Building
Foundation Block, MichiganBasement
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Saginaw City
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
Nearby School & Business
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Coldwell Banker Town & Country Real Estate
Broker | License ID: 308761
Broker License ID: 308761