MI > Saginaw > Saginaw > 121 N Woodbridge Street

$2,500,000

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  • 40 Units
  • 26,007 SqFt
  • MLS# 20250011601
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This sale includes multiple properties 40 units in total. 121 N Woodbridge, 24 unit multifamily apartment building (8-2BR units, 16-1 BR units), 2129 Weiss St quadplex (4-2 BR Units), and 2215 Weiss St three quadplex buildings (12-2BR units). Only 2.5% vacancy maintained over the last several years leading up to fall 2024. One unit in the quadplex (2129 Weiss) had a kitchen fire in the spring of 2024. Owner is negotiable on the repairs as it is currently under rehab, it has passed electrical inspections. Current rents are well below market rents! Excluding the current vacancy loss & excess fire damage repairs in 2024, this property is being offered a 7.3% Cap. Woodbridge units have water included with rent, electric is sub metered. Weiss quadplex units have water and heat included with rent, electric is sub metered. No showings without an accepted LOI & Proof of Funds.

Property Information

Status
Pending 
Address
121 N Woodbridge Street 
City
Saginaw 
Zip
48602 
Year Built
1966 
Style
Traditional 
Possession
At Close 
Architecture
2 Story 
Listing Date
02/22/2025 
List Price
$2,500,000
Subdivision
P C & E C Andres Add-Saginaw City 
County
Saginaw 
Total Lower SqFt
1,000 
Above Grade SqFt
26,007 
Total No of Units
40 

School Information

School District
Saginaw City 

Taxes

Summer Taxes
$18,836 
Winter Taxes
$3,412 

Rooms and Land

Lot Dimensions
300.00 x 108.80 
Total Acres
0.75 

Features

Style
Traditional 
Basement
Unfinished 
Heating
Natural Gas, Radiant 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20250011601 Pending Active Apr 16 2025 12:36PM 53
20250011601 Active Feb 22 2025 3:05PM $2,500,000 53
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

MIRC Logo

Listing Courtesy of Real Broker Llc
(517) 200-3245
Office Address 250 Monroe Ave NW #400

121 N Woodbridge Street Saginaw
Contact us
$2,500,000
For Sale • No. of Units: 40