• Asking Price $650,000
  • Estimated Value: $69,747
  • 611 S 24TH ST SAGINAW, MI 48601

  • 3 Beds 1 Bath 936 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 611 S 24TH ST, SAGINAW, MI 48601

Features

  • Price/sqft: $694
  • Lot Size: 10019 sq. ft.
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1
  • Stories: 100
  • Roof Type: GABLE
  • Heating: 4
  • Exterior Walls: Siding (Alum/Vinyl)

Facts

  • Year Built: 01/01/1955
  • Property ID: 794280273
  • MLS Number: 50152581
  • Parcel Number: 10-12-5-20-4408-000
  • Property Type: Single Family Home
  • County: SAGINAW
  • Legal Description: N 24 FT OF LOT 408 LOT 409 LOT 410 EXC N 32 FT BLUERIDGE SEC 20 T12N R5E
  • Zoning: R-1 RES
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Section 8 Portfolio Sale This portfolio includes 10 properties, all of which are rented to Section 8 tenants except for one. The portfolio is being sold at a 16% cap rate, with a current monthly rental income of $9, 128, collected on the first of every month. One property, located at 1823 Stanley St., is still under renovation. Upon completion, the rental income will increase to $10, 128. All properties have signed leases and HAP contracts with MSHDA or Saginaw Housing. Additionally, all properties have been renovated to meet HUD rental guidelines. Please contact the agent for more information, including rent roll, P&L, leases, and HAP contracts. Note that the properties are not being sold individually; this is a portfolio sale of 10 houses. 1814 Schaefer St., Saginaw, MI 48602 1928 Lincoln Ave., Saginaw, MI 48601 3104 Roberts St., Saginaw, MI 48601 905 Pleasant St., Saginaw, MI 48602 3220 Roberts St., Saginaw, MI 48601 1516 King St., Saginaw, MI 48602 1521 Fenton St., Saginaw, MI 48601 611 S 24th St., Saginaw, MI 48601 15 Milan Ct., Saginaw, MI 48601 1823 Stanley St., Saginaw, MI 48602 (under renovation)

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Property Brokerage: Keller Williams Realty Macomb-St. Clair Market Center 31525 23 Mile Rd. Chesterfield MI 48047
Copyright © 2024 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.