220 S Carolina St

Saginaw, MI 48602
  • $62,500

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,300

    SqFt
  • 0.12

    Acre

About the Listing 433307 - 433392,466359

**Turnkey Investment Opportunity – Tenant in Place at $900/Month!** Excellent opportunity to add a stabilized, income-producing property to your portfolio. This well-maintained home is currently tenant occupied and generating **$900 per month**, providing immediate rental income from day one and eliminating the initial vacancy period that often comes with acquiring a new investment property. The home offers a functional layout, comfortable living areas, and practical everyday space that continues to appeal to long-term renters. With established occupancy already in place, this property is ideal for investors looking for a straightforward buy-and-hold opportunity with existing cash flow and long-term upside. Conveniently located near downtown Saginaw, shopping, restaurants, schools, parks, healthcare facilities, and major roadways, the property offers easy access throughout the Great Lakes Bay Region while remaining in an established residential neighborhood with consistent rental demand. Whether you're an experienced investor expanding your portfolio or purchasing your first rental, this property offers an attractive combination of **current income, affordable entry point, location, and future appreciation potential**. **Currently rented for $900 per month. Tenant occupied. Please do not disturb tenants. Showings by confirmed appointment only.** **Novation:** Buyer holds an equitable interest in the property and is marketing the property with the owner's authorization for the purpose of locating a new buyer.

Listing Highlights

Status Active
Days on Site 91
Property Type Residential
MLS ® 20261048958
Year Built 1904
Total Square Footage 1,300
Lot/Acreage 0.12
County Saginaw
Neighborhood Storchs Add
School District Saginaw City

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1300
  • Below Ground Sq Ft: 823
  • Basement: Michigan Basement
  • Other: 2 Story,Ground Level w/Steps,Forced Air,2 Car
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: 2 car
  • Lot Dimensions: 44.5X120
  • Roof:
  • Others: Vinyl,Paved
  • Sewer: Sewer (Sewer-Sanitary)
  • Parking Features: Detached

Financial Details

  • Tax Amount: $1,583
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20258200000
  • Tax Year: N/A

Payment Calculator

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Questions About..

220 S Carolina St Saginaw, MI 48602

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Originating MLS: Realcomp II Ltd

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Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

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