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1404 Monroe Street

Saginaw MI 48602

4
3
1
1761 sq. ft.
0.15 ac.
Multi-Family
Currently for sale - view listing

Overview

Turnkey investment opportunity with reliable, long-term tenants already in place. This duplex offers over 1,700 square feet of living space with 4 total bedrooms and 3 total bathrooms, generating $1,550 per month in rental income. Both tenants have occupied their units for more than five years and are currently on month-to-month leases, providing flexibility for future ownership plans. The property features a basement with laundry hookups, a detached one-car garage, and several recent improvements, including approximately half of the plumbing being updated within the last three years. Tenants pay for their own heat, electricity, and snow removal, helping reduce operating expenses, while the landlord covers water and lawn maintenance. Whether you're looking to expand your portfolio or purchase your first income-producing property, this well-maintained duplex offers steady cash flow and strong rental history in an established neighborhood.

Features

4 bedrooms
3 bathrooms
1 carspace
1 garage space
1761 sq. ft. floor area
0.15 ac. lot size
Multi-Family

Property history for 1404 Monroe Street

2021
Sold
$44,900
24 Jun 2021 by Karen Antal, of Re/Max New Image

Happy sellers in Saginaw

92%
92% of sellers in Saginaw reported that their sale price either exceeded or met their price expectations.

Saginaw stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Saginaw over the last 12 months.

Local market activity for 4 bedroom multi families in Saginaw

In the last 12 months, 14 four-bedroom multi families similar to 1404 Monroe Street, have been sold.

This represents a 62% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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