Homes for sale - 121 N WOODBRIDGE Street, Saginaw, MI 48602 4161

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Christopher Parker

eXp Realty

christopher@reconrealestate.net +1(989) 214-1038

$2,500,000

Est. payment - /mo

40 Baths

26,007 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 26,007 sqft

Price per Sqft $96

Subdivision Mi

MLS Listing ID 60372096

Style 2 Story

Full Baths 40

Year Built 1966

Annual Tax Amount $22,248

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 300.00 x 108.80

Property Sub-Type Multi-Family

Property Description

This sale includes multiple properties 40 units in total. 121 N Woodbridge, 24 unit multifamily apartment building (8-2BR units, 16-1 BR units), 2129 Weiss St quadplex (4-2 BR Units), and 2215 Weiss St three quadplex buildings (12-2BR units). Only 2.5% vacancy maintained over the last several years leading up to fall 2024. One unit in the quadplex (2129 Weiss) had a kitchen fire in the spring of 2024. Owner is negotiable on the repairs as it is currently under rehab, it has passed electrical inspections. Current rents are well below market rents! Excluding the current vacancy loss & excess fire damage repairs in 2024, this property is being offered a 7.3% Cap. Woodbridge units have water included with rent, electric is sub metered. Weiss quadplex units have water and heat included with rent, electric is sub metered. No showings without an accepted LOI & Proof of Funds.

Location

State MI

County Saginaw

Area Saginaw (73039)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Radiant

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Saginaw City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by Real Broker LLC

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Christopher Parker

+1(989) 214-1038

Broker Associate | License ID: 164141; 6506049280

Broker Associate License ID: 164141; 6506049280

121 N WOODBRIDGE Street Saginaw, MI 48602 4161

Christopher Parker

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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