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Pending
  • $2,500,000

    121 N Woodbridge St, Saginaw, MI 48602

    64beds
    26,007sqft
    : 
    Multi Family
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $96/sqft
    $-- HOA

    What's special

    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.
    57 days
    on Zillow
    |
    509
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 16, 2025 at 05:22am

    Listed by:

    Christopher G Gustafson 810-206-2080,

    Real Broker LLC 517-200-3245,

    Abigail Gustafson 517-200-3245,

    Real Broker LLC

    Source: Realcomp II,MLS#: 20250011601MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 64
    • Bathrooms: 40
    • Full bathrooms: 40
    Heating
    • Natural Gas, Radiant
    Features
    • Basement: Partial,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 26,007 sqft
    • Finished area above ground: 26,007

    Property

    Parking
    • Total spaces: 24
    • Parking features: Carport
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.75 Acres
    • Dimensions: 300.00 x 108.80
    Details
    • Parcel number: 20019000000
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Closed Circuit Cameras, Fire Alarm
    • Subdivision: P C & E C ANDRES ADD-SAGINAW CITY
    Location
    • Region: Saginaw

    Financial & listing details

    • Price per square foot: $96/sqft
    • Tax assessed value: $307,953
    • Annual tax amount: $22,248
    • Date on market: 2/22/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Contract
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