$650,000
- Beds
- 2
- Baths
- 1.0
- sq ft
- 660
905 Pleasant St, Saginaw, MI 48602
905 Pleasant St
Saginaw, MI 48602
- 31 days on market
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)
Details
Property type
Single Family Residence
Lot size
4,356 sq ft
Price per sq ft
$985
Year built
1947
Annual property taxes
$1,225.4
Price History
08/19/2024
Realcomp #58050152575
Listed
$650,000
Schools & Community
Neighborhood:
Northmoor
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
School district:
Saginaw City
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House1823 Stanley St, Saginaw, MI 48602
Status: Active
Tomo last checked: 09/19/2024 at 9:45 PM
Listing updated: 08/19/2024 at 1:23 PM
Listed by: Javonny Vega, KW Platinum Phone #: (586) 949-0200
MLS: Realcomp #58050152575
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