1525 Schust Road, Saginaw, MI 48604

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Sold Price
$615,000
List Price
$659,000
Status
CLOSED
MLS#
50189269
Days on Market
142
Year Built
1977
Closing Date
Mar 13, 2026
Acres
1.25
Living Area
10,432
Municipality
Carrollton Twp
Region
Carrollton Twp
Township
Carrollton Twp
Subdivision
Spiekermans Subdivision

Property Description

Investment Opportunity – 16-Unit Apartment Building Prime 16-unit apartment complex situated on a corner lot with excellent visibility and parking in front. Property features: Unit Mix: 2 studios, 12 one-bedroom units, and 2 two-bedroom units Fully Rented: Strong rental history with 100% occupancy Updated Systems: Newer roof and separate utility meters Tenant-Paid Utilities: Tenants cover gas and electric On-Site Amenities: Laundry facilities for added convenience. A solid income-producing property with long-term upside potential.

Additional Information

Lot Dimensions
240 x 226
Heating
Electric, Forced Air, Wall Furnace
Cooling
Ceiling Fan(s), HVAC, Window Unit(s)
Sewer
Public Sanitary
Foundation
Slab
Water
Public

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Listing Courtesy of Century 21 Signature Realty, Office Phone: 989-921-7000

Selling Office: Motivated Real Estate.

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.