#61050161021, Ann Carpenter, Listing Office: Crown Real Estate Group
121 N Woodbridge St Saginaw, MI 48602
Property details
About 121 N Woodbridge St
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.
Highlights
Summary
- MLS Number: 20250011601
- MLS Name: Realcomp II Ltd
- Office Name: Real Broker LLC
- Office Phone: (517) 200-3245
- Listing Agent: Christopher G Gustafson, Abigail Gustafson
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Last updated on: 2/25/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
121 N Woodbridge St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 30, 2024 | Home Sold | $640,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $355,800 | $21,492 |
2023 | $326,800 | $21,133 |
2022 | $289,600 | $21,133 |
2021 | $270,400 | $16,766 |
2020 | $272,600 | $15,292 |
2018 | $260,590 | $15,095 |
History based on county public records data.
Nearby schools
1
Herig School
Public District PK-6
0.4 mi
•1905 Houghton Ave
10
Handley School
Public Magnet PK-5
0.7 mi
•224 N Elm St
2
Chester F Miller School
Public District PK-6
1.1 mi
•2020 Brockway St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,843. Most Saginaw, MI residents have annual incomes less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 121 N Woodbridge St in Saginaw, MI and zip code 48602. This 26,007 square foot home, which was built in 1966, sits on a 0.75 acre lot. Features: 40 bathrooms. It has been listed on Rocket Homes since February 22, 2025 and is currently priced at $2,500,000.
Saginaw, MI housing market in January 2025 saw over 13 listings sold above listed price, more than 4 sold at listed price and over 43 sold below. The number of homes for sale in Saginaw, MI increased by 2.2% between December and January 2025. Listings spent 41 days on the market in January 2025, and had a median list price of $147,104 during the same period.