Multi-Family for Sale
Catylist Listing ID: 30794122
Property Subtypes: Duplex/Fourplex
Number of Units: 16 Units
Building Size (RSF): 700 SF
Gross Building Area: See Agent
Gross Land Area: 1.95 Acres
Sale Price: $950,000
Unit Price: $59,375 Per Unit
Property Use Type: Investment
Building Name: Kinsella
Usable Size (USF): 700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 90
Last Updated: 9/22/2022

Overview / Comments

Apartment rentals including 5 duplex's on Bay Rd with 385 ft of frontage.
4 single family on Davenport with 305 ft of frontage.
2 single family on Gaylord with 195 ft of frontage
Bay Rd frontage csan be used as B-1 zone, City open to possible zonning change for the right purpose.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: City of Saginaw
Tax ID/APN: 13 1044 00000
Zoning: R-1
Percent Occupied: 905%
Property Located Between: Bay & Gaylord
Highway Access: M-58 & M-84
Airports: MBS & Harry Brown
Site Description: Multiple buildings consisting of 5 duplex 2 story & 6 single family
Area Description: Commercial surrounded by residential.
Total Number of Buildings: 12
Property Condition: Fair
Number of Stories: 2
Roof Type: Gable
Construction/Siding: Wood Siding
Exterior Description: Brick anf wood framed buildings
Parking Type: Surface
Parking Description: Gravel in rear of buildings
Sprinklers: None
Heat Type: Natural Gas
Fuel: Gas
Air Conditioning: Window Unit
Internet Access: Cable
Zoning Description: B-1 & residential multi family
Lot Frontage: 385
Lot Depth: 305
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: see files

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,330 84,839 120,709
Median Age: 36.45 38.11 37.29
Households: 7,094 34,590 48,325
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