1521 fenton Street
Saginaw, MI, 48601 $ 650,000
Bedrooms3 Baths1.0 Sq 1,074 Monthly Estimate*
$ 3,893
for $650,000 with 3 bedrooms and 1 full bath. This 1,074 square foot home was built in 1889 on a lot size of 0.14.
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)
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FeaturesGeneralHeating Floor Furnace
Possession At Close
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1889
Subdivision WADSWORTH FARM MI
Style Colonial
County Saginaw
Class RESIDENTIAL
Type Single Family
Percent Ownership LLC
Municipality Saginaw
New Construction Y/N No
Structure Style 2 Story
Area Saginaw (73039)
Primary City Saginaw
City Saginaw
School District Saginaw City School District
Financial Terms Cash Conventional
Legal Description LOT 11 BLK.18 WADSWORTH FARM
DOM 31
Postal Code 48601
Price Per Sq Ft Total AG 605.21
Coming Soon 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
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ExteriorExterior Vinyl Siding
Frontage 40
Lot Size Area 0.14
Pool (Y/N) No
Lot Dimensions 6098
Waterfront Y/N No
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InteriorBeds 3
Fireplace? No
Total Rooms 8
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* Excluded FeaturesList ByJavonny VegaListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $3,893
- Monthly Property Taxes
- $51
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Saginaw, MI
Average List Price $200,187
Percent of Sale Price 69%
About Saginaw, MI 47,234 Population
-24% Since 2002
$ 29,308 Median Income
35.05 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1505398 Elementary School
1505399 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
8/19/2024 | $650,000 | | Listed Price |