3720 N Michigan Avenue, Saginaw, MI 48604

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List Price
$365,000
Days on Market
4
MLS#
50223516
Status
ACTIVE
Type
Commercial

Property Description

INVESTORS—MULTIPLE POSSIBILITIES IN ONE PROPERTY! This versatile 6-bedroom, 3-full-bath property is currently operated as an individual room-rental property, with each bedroom leased separately. Each room features its own lock and key, while occupants share a common living area and pantry with individual shelving. The home is well insulated with good sound separation between rooms, and current leases provide established rental history. The flexible layout also opens the door to other potential strategies, including mid-term rental use for temporary housing needs or future use as a spacious single-family home, subject to applicable requirements. A 48' x 24' pole barn adds significant value and provides substantial space for storage, workshop or personal use, with potential for an additional income stream subject to township approval and applicable requirements. Additional improvements include a newer dishwasher, washer and dryer, water heater approximately 3 years old, furnace approximately 10 years old, and basement sump pump with battery backup approximately 2 years old. Spacious yard provides additional outdoor space. Six bedrooms. Established room-rental history. Flexible future-use potential. Oversized pole barn. Multiple ways for an investor to maximize this property's possibilities.

Additional Information

Acres
0.87
Heating
Forced Air
Sewer
Public Sewer, Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kristine Jamino from Listing Office: Berkshire Hathaway HomeServices.

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