220 S Carolina

Saginaw, MI 48602
  • $62,500

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,300

    SqFt

About the Listing 115098 - RC433392,RC466359

**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.

Listing Highlights

Status Active
Days on Site 84
Property Type Residential
MLS ® 61006637
Year Built 1904
Total Square Footage 1,300
Lot/Acreage 0.12

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1300
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: 2 car
  • Lot Dimensions: 44.5X120
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Detached Garage

Financial Details

  • Tax Amount: $1,583
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

220 S Carolina Saginaw, MI 48602

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: RealComp

Agent profile image in chat bubble
Agent profile image in chat header

Melanie Lovati

Associate Broker | Innovation RES | Innovation Real Estate Specialists

Agent profile image in message

or another way