140 S Saginaw St
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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 | Building Class | C |
Price Per Unit | $65,600 | Lot Size | 0.37 AC |
Sale Type | Investment | Building Size | 3,300 SF |
No. Units | 4 | Average Occupancy | 80% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1900 |
Apartment Style | Low Rise |
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 | - | - |
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PROPERTY TAXES
Parcel Number | 016-60-015-015 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $93,000 |
PROPERTY TAXES
Parcel Number
016-60-015-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,000
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140 S Saginaw St
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