$72,000 for Sale
414 s oakley street, saginaw, MI 48602
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Property Description
Investor Opportunity - Income in Place with Additional Upside! Excellent opportunity to acquire a multi-unit property with immediate rental income and significant value-add potential. The downstairs unit is currently rented for $1,050 per month, providing cash flow from day one, while the upstairs unit is approximately 80% renovated and just needs the finishing touches to unlock its full income potential. This setup gives investors the best of both worlds: an occupied unit already producing revenue and a second unit that can be completed without starting from scratch. Once the upstairs renovation is finished and leased, the property has the potential to become a strong cash-flowing asset with two income-producing units under one roof. The remaining work upstairs offers an excellent opportunity for the next owner to complete the renovation to their preferred finish level and immediately increase the property's overall value and rental income. For investors focused on buy-and-hold, BRRRR, or long-term cash flow, this is the type of project where a relatively manageable amount of remaining work can create meaningful upside. The property also benefits from a practical layout, established residential setting, and convenient access to downtown Saginaw, shopping, restaurants, schools, parks, healthcare facilities, and major roadways. Whether you're looking to expand an existing rental portfolio or purchase a property where you can force appreciation through completion of the second unit, this is an opportunity worth a serious look. Downstairs unit currently rented for $1,050 per month. Upstairs renovation approximately 80% complete. Tenant occupied--please do not disturb occupants. 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.
General Information
City: saginaw
Post Office: saginaw
Schools: saginaw city school district
County: Saginaw
Subdivision: city of saginaw in div south of cass street
Acres: 0.09
Lot Dimensions: 34.45X119.5
Bedrooms:4
Bathrooms:2 (2 full, 0 half)
House Size: 1,300 sq.ft.
Acreage: 0.09 est.
Year Built: 1924
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Bedroom 1: 13x12
Bedroom 2 : 11x10
Bedroom 3: 10x10
Bedroom 4: 10x9
Dinning Room: 12x10
Kitchen: 12x11
Livingroom: 16x13
Paved Road: Paved Street
Garage: No Garage
Exterior: Vinyl Siding
Bedroom 2 : 11x10
Bedroom 3: 10x10
Bedroom 4: 10x9
Dinning Room: 12x10
Kitchen: 12x11
Livingroom: 16x13
Paved Road: Paved Street
Garage: No Garage
Exterior: Vinyl Siding
Basement: Yes
Foundation : Michigan Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Foundation : Michigan Basement
Heating: Forced Air
Fuel: Natural Gas
Watersource: Public Water
Tax, Fees & Legal
Est. Summer Taxes: $1,547
Est. Winter Taxes: $349
Est. Winter Taxes: $349
Map

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(810) 691-3503
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Listings Presented by:
Eric McBride
Call:
(810) 691-3503 Office: (810) 691-3503 |
This Single-Family Home located at
is currently for sale. This property is listed for $72,000.
414 s oakley street
has 4 bedrooms, approximately 1,300 square feet.
This home is in the saginaw city school district school district and has a lot size of 34.45X119.5 with 0.09 acres and was built in 1924.
414 s oakley street is in saginaw and in ZIP Code 48602 area.
414 s oakley street, saginaw MI, 48602
For Sale | $72,000
| 4 Bed, 2 Bath | 1,300 Sq Ft
MLS ID rcomi61007445
If you have any question about this property or any others, please don't hesitate to contact me.





