26
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$365,000
Est. payment /mo
1,992 SqFt
New
3720 N Michigan Avenue Saginaw, MI 48604
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Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $183
Municipality Carrollton Twp
Subdivision Carrollton Twp
MLS Listing ID 50223516
Year Built 1950
Lot Size 0.870 Acres
Acres 0.87
Property Sub-Type Business Opportunity
Source MiRealSource
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.
Location
State MI
County Saginaw
Zoning Residential
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Others
Tax ID 11-12-4-12-2033-001
Listed by Berkshire Hathaway HomeServices
NEARBY SCHOOL & BUSINESS
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