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140 S Saginaw St

4 Unit Apartment Building $262,400 ($65,600/Unit) Byron, MI 48418

Executive Summary

Welcome to the heart of downtown Byron! This hard-to-find cash-flowing four-unit property boasts a unique charm with exposed brick interiors and tall windows flooding each unit with natural light. There is one 1 bedroom unit, and three 2 bedroom units, all with one bath. The vibrant atmosphere is complemented by the active efforts of the local development authority, dedicated to bringing more businesses to the area. Enjoy the convenience of walking to nearby amenities such as a gas station, restaurants, and the post office. The distinctive orange brick façade adds character to the building, making it a standout investment. Monthly rental income is $3,100(+/-). Electric heat with separate units. LOI must be accepted by the seller prior to viewing the property. FOR INFORMATION EMAIL MYERSCOMMERCIAL1@GMAIL.COM.

Property Facts

Price $262,400
Price Per Unit $65,600
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.37 AC
Building Size 3,300 SF
Average Occupancy 80%
No. Stories 2
Year Built 1900

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
016-60-015-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,000
  • Listing ID: 33583100

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 140 S Saginaw St, Byron, MI 48418

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