135 N Bates Street Saginaw, MI 48602
MULTI_FAMILY - Saginaw, MI
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 3:06 pm
Property Features for 135 N Bates Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Basement
- Patio and Porch features
- Porch
- Exterior features
- Porch
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Pending
- APN
- 20 0209 00000
- Size
- 1,390 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1572
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 2
Listing agent Mark Greskowiak License #6506036834 (989) 781-6979
Listing office Century 21 Signature Realty 5580 State Street Suite 4, Saginaw, MI (989) 921-7000
Listing date Jul 8, 2026
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The duplex is located in Saginaw, close to shopping, dining, schools, parks, and major routes. That mix of day-to-day amenities and transportation access can be helpful for both tenant convenience and day-to-day property operations.
For buyers seeking a residential income property, the duplex is described as having long-term tenants already in place, which can support immediate rental revenue at the time of purchase. With the combination of updated exterior components and practical resident features like the front porch and detached garage, this asset may appeal to investors and owner-operators looking for a straightforward duplex configuration.
Key Highlights
- Duplex built in 1916 with public water service
- Updated windows throughout
- Long‑term tenants already in place for immediate rental income
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.8k | $10.68 |
| − Vacancy | −$623 | −$0.45 |
| EGI | $14.2k | $10.23 |
| − OpEx | −$6.4k | −$4.60 |
| NOI | $7.8k | $5.63 |
