Saginaw, MI 48602 4161,121 N WOODBRIDGE Street
Saginaw, MI 48602 4161,121 N WOODBRIDGE Street
Saginaw, MI 48602 4161,121 N WOODBRIDGE Street
Saginaw, MI 48602 4161,121 N WOODBRIDGE Street
Saginaw, MI 48602 4161,121 N WOODBRIDGE Street
Saginaw, MI 48602 4161,121 N WOODBRIDGE Street
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Jackie Jones Kapuscinski

Jackie Jones Kapuscinski

Serenity Realty

+1(419) 260-2806
$ 2,500,000
Est. payment | /mo

40 Baths

26,007 SqFt


Save
$ 2,500,000
Est. payment | /mo
Save

40 Baths

26,007 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 26,007 sqft

Price per Sqft $96

Subdivision Mi

MLS Listing ID 60372096

Style 2 Story

Full Baths 40

Year Built 1966

Annual Tax Amount $22,248

Lot Size 0.750 Acres

Acres 0.75

Lot Dimensions 300.00 x 108.80

Property Sub-Type Multi-Family

Property 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.

Location

State MI

County Saginaw

Area Saginaw (73039)

Zoning Multi-Family

Rooms

Basement Block

Interior

Heating Radiant

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Saginaw City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Real Broker LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(419) 260-2806

jackie@jackiejonesrealtor.com

1910 IndianWood Circle, Maumee, OH, 43537

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121 N WOODBRIDGE Street