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548 Shattuck Rd 8 Unit Apartment Building $1,060,760 CAD ($132,595 CAD/Unit) Saginaw, MI 48604

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EXECUTIVE SUMMARY

Great investment opportunity in Carrolton! This property has been extensively renovated. The outside features new metal siding and windows. The Apartments have been beautifully renovated. This property features five 2 bedroom apartments, one 3 bedroom apartment that is ADA compliant. There are also two 1 bedroom apartments. 6 of these units are currently rented at a market rate. All of them are very spacious. This apartment building has 8 total residential units and an additional 3,000+ square feet zoned B-2 that can be used as office space or many business opportunities. B-2 zoning can include a hair salon, restaurant, cafe, medical office, law office, insurance agency, boutique, coffee shop, and many other uses. There is a common area with coin operated wash machine and dryer. There is a very large parking and storage area. This property can provide additional rental income from the warehouse. The warehouse area has 1 tenant and can house several more but it is currently used as storage with a total of 8000 +/- square feet that could be used for many business types.

PROPERTY FACTS

Price $1,060,760 CAD
Price Per Unit $132,595 CAD
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.47 AC
Building Size 11,840 SF
No. Stories 2
Year Built 1972
Parking Ratio 4.22/1,000 SF
Zoning Commercial - B-2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11124123003000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$225,377 CAD
  • Listing ID: 31027867

  • Date on Market: 2024-02-23

  • Last Updated:

  • Address: 548 Shattuck Rd, Saginaw, MI 48604

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