220 S Carolina Street, Saginaw, MI 48602
Local realty services provided by:ERA Prime Real Estate Group
220 S Carolina Street,Saginaw, MI 48602
$62,500
- 2 Beds
- 1 Baths
- 1,300 sq. ft.
- Single family
- Active
Listed by: sonny kaushik, deepika ghotra
Office: ikon property group
MLS#:20261048958
Source:MI_REALCOMP
Price summary
- Price:$62,500
- Price per sq. ft.:$48.08
About this home
**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....
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Home facts
- Year built:1904
- Subdivision & Development:STORCHS ADD
- Listing ID #:20261048958
- Added:70 day(s) ago
- Updated:September 07, 2026 at 10:01 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Living area:1,300 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1904
- Building area:1,300 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Bungalow
- Construction Materials:Vinyl Siding
- Foundation Description:Block, Michigan Basement
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$62,500
- Price per sq. ft.:$48.08
- Tax amount:$1,583
Parking
- Parking description:Detached, Two Car Garage
- Garage spaces:2
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