140 S Saginaw St - Apartments FOR SALE


Byron, MI 48418
$262,400 USD
810-695-4111
140 S Saginaw St, Byron, MI for Sale
$262,400 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

140 S Saginaw St
Byron, MI 48418


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$262,400 USD

PRICE/SF

$80 USD /SF

# OF UNITS

4

PRICE/UNIT

$65,600

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

-

APN/PARCEL ID

016-60-015-015

ASK ABOUT THIS PROPERTY

Scott MyersRE/MAX PlatinumMore Info
810-695-4111

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Scott MyersRE/MAX PlatinumMore Info
810-695-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.