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$ 660,000
Est. payment | /mo
7,462 SqFt
$ 660,000
Est. payment | /mo
7,462 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,462 sqft
Price per Sqft $88
Municipality Bridgeport Twp
Subdivision Bridgeport Twp
MLS Listing ID 20240064023
Originating Board Realcomp
Annual Tax Amount $4,449
Lot Dimensions 180 X 260
Property Description
SUBMIT YOUR HIGHEST & BEST OFFER! Welcome to Southfield Village, a garden-style apartment complex located at 3121 Southfield Dr, Saginaw, MI 48601. Situated on half an acre, this exceptional investment opportunity boasts a mix of 1 one-bedroom (650 sq ft) and 11 two-bedroom units (750 sq ft), built in 1972. With recent capital expenditures and updates, the property has consistently maintained high occupancy rates of 95-100%, making it an attractive option for multifamily investors. The complex has undergone significant renovations, including new windows, floors, and appliances, and offers amenities such as tenant storage, carports, dishwashers, and on-site laundry. Its prime location near the intersection of King Rd. and Dixie Hwy, combined with its proximity to MBS International Airport (less than 20 miles) and Flint Bishop International Airport (less than 30 miles), makes it an ideal choice for those seeking a convenient commute. This turn-key investment opportunity is ready for its next owner - don't miss out!
Location
State MI
County Saginaw
Zoning Commercial,Multi-Family
Direction Dixie Hwy To King to, Germain to Southfield
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Bridgeport-Spaulding
Others
Tax ID 09115083412003
Listed by New Way Realty Partners