3072 Silverwood Drive Saginaw, MI 48603
MULTI_FAMILY - Saginaw, MI
Property Features for 3072 Silverwood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Basement, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 3
- Standard status
- Active
- APN
- 23-12-4-10-3005-105
- Size
- 2,592 SF
- Lot size
- 0.31 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7048
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 2001
- Floors in Building
- 1
- Number of units
- 2
Listing agent Kelly Wolf License #SBR-6501410418 (989) 928-3986
Listing office Berkshire Hathaway HomeServices 2825 Bay Rd Suite 400, Saginaw, MI (989) 790-9292
Listing date Jul 13, 2026
Copyright © 2026 Saginaw Board of Realtors MLS. 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 property is located in Saginaw Township in Saginaw, Michigan. The offering sits on a 0.31-acre lot and is listed for sale.
With separate utilities, independent unit layouts, and shared site improvements like the covered patio and attached garage, the property is configured to support separate residential occupancy within a single duplex structure.
Key Highlights
- Duplex in Saginaw Township built in 2001
- Two units, each with 2 bedrooms and 2 full bathrooms
- Main‑floor laundry plus separate utilities for each unit
Local Financial Insights For Multifamily LT 5
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 | $23.6k | $9.12 |
| − Vacancy | −$1.7k | −$0.66 |
| EGI | $21.9k | $8.46 |
| − OpEx | −$6.6k | −$2.54 |
| NOI | $15.4k | $5.92 |
