Property Attributes
- MLS#61006639
- TypeSingle Family
- Listing Status Active
- CountySAGINAW
- CitySaginaw
- AreaBuena Vista Twp
- NeighborhoodJanes Manor Sub
- Zip486 016
- StyleBungalow
- Year Built1935
- Taxes$ 1259
- Price$ 44,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage900
- Lot Size0.18 Acres
Data Source:
Bay County REALTOR® Association
Property Description
**Turnkey Investment Opportunity!** This well-maintained property offers an excellent chance to acquire a stabilized rental with income already in place. Currently rented at **$900 per month**, the home provides immediate cash flow and is a strong fit for investors looking to add a low-maintenance asset to their portfolio. The property features a functional layout, comfortable living areas, and solid overall condition, making it an attractive long-term rental with continued upside potential. Its established occupancy helps eliminate the downtime and uncertainty that often comes with acquiring a vacant investment property. Conveniently located near shopping, restaurants, schools, parks, healthcare facilities, and major roadways, the property offers easy access throughout Saginaw and the surrounding Great Lakes Bay Region. The location, combined with existing rental income and turnkey condition, makes this a compelling buy-and-hold opportunity. Whether you're expanding an existing portfolio or purchasing your first rental property, this home offers a strong combination of **cash flow, convenience, and long-term value.** **Tenant occupied. Do not disturb tenants. Showings are 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.
| Price History | |
|---|---|
| 6/29/2026 | Listed $50,000 |
| 7/13/2026 | 3$48,500 |
| 8/3/2026 | 2$47,990 |
| 8/12/2026 | 2$47,490 |
| 8/23/2026 | 2$47,000 |
| 8/30/2026 | 1$46,900 |
| 9/4/2026 | 3$45,900 |
| 9/13/2026 | 5$44,000 |
General Features
| Heating | Forced Air |
|---|---|
| Kitchen Level | Entry |
| Possession | At Close |
| Water | Public Water |
| Full Baths | 1 |
| Bathrooms | 1 |
| Year Built | 1935 |
| Subdivision | Janes Manor Sub |
| Style | Bungalow |
| County | Saginaw |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 1 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| Primary City | Saginaw |
| Directions | From I-75,take Exit 151 (M-46/Holland Ave). Head east on Holland Ave,turn north onto S 28th St. Property is located on the east side of S 28th St. |
| City | Saginaw |
| School District | Saginaw City School District |
| Lease Y/N | No |
| Originating MLS | RealComp |
| Financial Terms | Cash |
| Legal Description | LOT 475 & N 24 FT OF LOT 476 JANES MANOR SEC 20 T12N R5E |
| DOM | 85 |
| Postal Code | 48601 |
| Price Per Sq Ft Total AG | 48.89 |
| Public Remarks | **Turnkey Investment Opportunity!** This well-maintained property offers an excellent chance to acquire a stabilized rental with income already in place. Currently rented at **$900 per month**,the ho |
Interior Features
| Living Room Level | Entry |
|---|---|
| Bedroom 1 Level | Entry |
| Kitchen Length | 12 |
| Living Room Length | 15 |
| Bedroom 2 Width | 10 |
| Bedroom 2 Length | 11 |
| Living Room Width | 13 |
| Kitchen Width | 10 |
| Beds | 2 |
| Fireplace? | No |
| Total Rooms | 5 |
| Bedroom 1 Length | 12 |
| Bedroom 1 Width | 11 |
| Below Grade SqFt | 860 |
| Above Grade SqFt | 900 |
| Basement Y/N | Yes |
| Total SqFt Finished | 900 |
| Bathroom 1 Length | 12 |
| Bathroom 1 Width | 11 |
Exterior Features
| Exterior | Vinyl Siding |
|---|---|
| Frontage | 40 |
| Lot Size Area | 0.18 |
| Pool (Y/N) | No |
| Lot Dimensions | 66X120 |
| Roads | Paved Street |
| FOUNDATION TYPE | Michigan Basement |
| Waterfront Y/N | No |
| Garage Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Bay County REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Midland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested