$650,000 for Sale
1823 stanley street, saginaw, MI 48602
Property Description
Section 8 Portfolio Sale This portfolio includes 10 properties, all of which are rented to Section 8 tenants except for one. The portfolio is being sold at a 16% cap rate, with a current monthly rental income of $9,128, collected on the first of every month. One property, located at 1823 Stanley St., is still under renovation. Upon completion, the rental income will increase to $10,128. All properties have signed leases and HAP contracts with MSHDA or Saginaw Housing. Additionally, all properties have been renovated to meet HUD rental guidelines. Please contact the agent for more information, including rent roll, P&L, leases, and HAP contracts. Note that the properties are not being sold individually; this is a portfolio sale of 10 houses. 1814 Schaefer St., Saginaw, MI 48602 1928 Lincoln Ave., Saginaw, MI 48601 3104 Roberts St., Saginaw, MI 48601 905 Pleasant St., Saginaw, MI 48602 3220 Roberts St., Saginaw, MI 48601 1516 King St., Saginaw, MI 48602 1521 Fenton St., Saginaw, MI 48601 611 S 24th St., Saginaw, MI 48601 15 Milan Ct., Saginaw, MI 48601 1823 Stanley St., Saginaw, MI 48602 (under renovation)
General Information
City: saginaw
Post Office: saginaw
Schools: saginaw city
County: Saginaw
Subdivision: improvement companys add
Acres: 0.15
Lot Dimensions: 6534
Bedrooms:
Bathrooms: (1 full)
House Size: 952 sq.ft.
Acreage: 0.15 est.
Year Built: 1894
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Construction: Vinyl
Exterior: Vinyl
Exterior: Vinyl
Basement: No
Foundation : Crawl
Heating: Wall/Floor Furnace
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal)
Foundation : Crawl
Heating: Wall/Floor Furnace
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary),Sewer at Street
Watersource: Public (Municipal)
Tax, Fees & Legal
Est. Summer Taxes: $880
Est. Winter Taxes: $169
Est. Winter Taxes: $169
HOA fees: 1
Legal Description: LOT 5,BLK.49,SAGINAW IMPROVEMENT COMPANYS ADDITION K ALSO N 1/2 OF ADJ VACATED ALLEY
Legal Description: LOT 5,BLK.49,SAGINAW IMPROVEMENT COMPANYS ADDITION K ALSO N 1/2 OF ADJ VACATED ALLEY
Map
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and MiRealSource, ©2024 Realcomp II Ltd. Shareholders Listing By: Javonny Vega of KW Platinum, Phone: (586) 949-0200
810-397-9069
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Scott Shamel
Call:
810-397-9069 Office: 810-733-3333 |
This Single-Family Home located at
is currently for sale. This property is listed for $650,000.
1823 stanley street
has 2 bedrooms, approximately 952 square feet.
This home is in the saginaw city school district and has a lot size of 6534 with 0.15 acres and was built in 1894.
1823 stanley street is in saginaw and in ZIP Code 48602 area.
1823 stanley street, saginaw MI, 48602
For Sale | $650,000
| 2 Bed, | 952 Sq Ft
MLS ID mrsmi58050152586
If you have any question about this property or any others, please don't hesitate to contact me.