121 N WOODBRIDGE STREET
Saginaw, MI 48602
26007 sqft | 40 baths | 0.75 acres | #20250011601
Description
This sale includes multiple properties 40 units in total. 121 N Woodbridge, 24 unit multifamily apartment building (8-2BR units, 16-1 BR units), 2129 Weiss St quadplex (4-2 BR Units), and 2215 Weiss St three quadplex buildings (12-2BR units). Only 2.5% vacancy maintained over the last several years leading up to fall 2024. One unit in the quadplex (2129 Weiss) had a kitchen fire in the spring of 2024. Owner is negotiable on the repairs as it is currently under rehab, it has passed electrical inspections. Current rents are well below market rents! Excluding the current vacancy loss & excess fire damage repairs in 2024, this property is being offered a 7.3% Cap. Woodbridge units have water included with rent, electric is sub metered. Weiss quadplex units have water and heat included with rent, electric is sub metered. No showings without an accepted LOI & Proof of Funds.
Property Details
- SubdivisionP C & E C ANDRES ADD-SAGINAW CITY
- Basement DescriptionPartial, Unfinished
- FoundationBasement, Block
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- School DistrictSaginawCity
- MLS #20250011601
- Property SubtypeMultiFamily
- Parcel Number20019000000
- MLS #20250011601
- Original List Price$2,500,000
- Parking FeaturesCarport
- Parking TypeCarport
- RoofAsphalt
- CountySaginaw
- Taxes Annual$22,248
- Cost2500000
- Utility SourcePublic
- Square Feet26007
- Acres0.75
- Year Built1966
- Bathrooms40
- Full Baths40
- Days on Market (Cumulative)57
- Stories2
- Basement1
- Basement Finished1
Location
Legal
All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Christopher G Gustafson (#407906), Email: chris@riserealtymi.com
Listing Office: Real Broker LLC (#431497)
Interested in Purchasing 121 N WOODBRIDGE STREET?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
