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Ryan Wrathell

ryan@ryanwrathell.com +1(734) 341-0388

$ 89,900

Est. payment -/mo

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1404 Monroe ST Saginaw, MI 48602

4 Beds

3 Baths

1,761 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,761 sqft

Price per Sqft $51

Subdivision Parsons & Gaylords Addition

MLS Listing ID 5050209968

Style Contemporary

Bedrooms 4

Full Baths 3

Year Built 1894

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type MultiFamily

Property Description

Turnkey investment opportunity with reliable, long-term tenants already in place. This duplex offers over 1,700 square feet of living space with 4 total bedrooms and 3 total bathrooms, generating $1,550 per month in rental income. Both tenants have occupied their units for more than five years and are currently on month-to-month leases, providing flexibility for future ownership plans. The property features a basement with laundry hookups, a detached one-car garage, and several recent improvements, including approximately half of the plumbing being updated within the last three years. Tenants pay for their own heat, electricity, and snow removal, helping reduce operating expenses, while the landlord covers water and lawn maintenance. Whether you're looking to expand your portfolio or purchase your first income-producing property, this well-maintained duplex offers steady cash flow and strong rental history in an established neighborhood.

Location

State MI

County Saginaw

Area Area73072Saginaw

Rooms

Basement Block

Interior

Interior Features HighSpeedInternet

Heating Forced Air, Natural Gas, Separate Meters

Cooling Ceiling Fans, Window Units

Fireplace No

Exterior

Parking Features OneCarGarage, Assigned2Spaces

Garage Spaces 1.0

View Y/N No

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Saginaw City

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Listed by Howard D Ebenhoeh of REMAX Tri County

Ryan Wrathell

Builder/Broker/Realtor | License ID: 6506046893

+1(734) 341-0388

Ryan Wrathell

1404 Monroe ST Saginaw, MI 48602

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1404 Monroe ST