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Thomas Twp,MI 48609
Key Details
Property Type Multi-Family
Sub Type Split Level
Listing Status Active
Purchase Type For Sale
Square Footage 4,138 sqft
Price per Sqft $90
Subdivision Lynn Ann Park
MLS Listing ID 61050174597
Style Split Level
Full Baths 4
Year Built 1966
Annual Tax Amount $6,885
Lot Size 0.290 Acres
Property Sub-Type Split Level
Property Description
You know what's better than potential? Performance. This 4-unit in Swan Valley Schools is fully leased, cash flowing, and handled by a property manager. Two units are already at market rent. One's been updated in 2024 (hello stainless steel & new flooring!) and two have loyal tenants (8 & 3 years) paying below market-meaning built-in upside without the vacancy risk. Coin laundry brings in extra monthly income, and the bones are solid: roof and HVAC about 10 years old. Quiet dead-end street, spacious 2-bed/1-bath units, and nearly 1000 sq ft each. Tenants enjoy ample and convenient parking and Roberts Park is just a short walk away-offering recreation within reach. You don't have to hunt for opportunity-it's right here. Add it to your portfolio and let the cash flow roll! Call your favorite realtor today!
Location
State MI
County Saginaw
Area Thomas Twp
Interior
Hot Water Natural Gas
Heating Forced Air,Separate Meters
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Swan Valley
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional