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220 S Carolina Street, Saginaw city, Michigan

$62,500

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2

Beds

1

Bath

1,300

Square feet

0.12

Acres

About 220 S Carolina Street

**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.

Features of 220 S Carolina Street

MLS® # 20261048958
Price $62,500
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 1,300
Acres 0.12
Year Built 1904
Type Residential
Sub-Type Bungalow
Style Bungalow
Status Active

Community Information

Address 220 S Carolina Street
Area 73072 - Saginaw
Subdivision STORCHS ADD
City Saginaw city
County Saginaw
State Michigan
Zip Code 48602

Amenities

Parking 2 Car Garage, Detached
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Natural Gas
Fireplace No

Exterior

Construction Vinyl Siding
Foundation Block, Michigan Basement

School Information

District Saginaw City

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeIkon Property Group
Contact Infoadmin@ikonpropertygrp.com

Listing Map

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