548 Shattuck Rd - Apartments FOR SALE


Saginaw, MI 48604
$789,900 USD
989-790-2611
548 Shattuck Rd, Saginaw, MI for Sale
$789,900 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

548 Shattuck Rd
Saginaw, MI 48604


OVERVIEW

Great investment opportunity in Carrolton! This property has been extensively renovated. The outside features new metal siding and windows. The Apartments have been beautifully renovated. This property features five 2 bedroom apartments, one 3 bedroom apartment that is still under construction that will be ADA compliant. There are also two 1 bedroom apartments. All of them are very spacious. This apartment building has 8 total residential units and an additional 3,000 square feet that can be office space or can be more apartments. There is a common area with coin operated wash machine and dryer. There is a very large parking and storage area. This property also features additional rental income from the warehouse. The warehouse area has 1 tenant and can house several more but it is currently used as storage with a total of 7200 square feet.

FOR SALE DETAILS

PRICE

$789,900 USD

PRICE/SF

$67 USD /SF

# OF UNITS

8

PRICE/UNIT

$98,738

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

Commercial

APN/PARCEL ID

11124123003000

ASK ABOUT THIS PROPERTY

Bob MorfordThe Miller Group of Saginaw, Inc.More Info
989-790-2611

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Bob MorfordThe Miller Group of Saginaw, Inc.More Info
989-790-2611

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