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3-Unit Residential Triplex

417 N Fayette Street, Saginaw, MI 48602

For Sale
$119,900

The occupied property offers two one-bedroom residences and one two-bedroom residence.

Property Size2,296 SF
Price / SF$52.22
Days on Market122

Property Features for 417 N Fayette Street

General Information

Standard status Active
Size 2,296 SF
Property subtype Multi-Family
Zoning Recreational
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Amenities

4
Natural Gas
No
482
546
675
Window Treatment(s)
Yes
Second
First
3
City/County,Curbed,Paved Street
50
Public Sanitary
0.14
50 x 120
Crawl,Piller/Post/Pier
Large Lot - 65+ Ft.,Sidewalks

Building Details

Year Built 1889
Listing Agency:
Listed By: Shelley Park Cluff
Source: Parkplacehomesonline
Added: Jul 11 Changed: Nov 8 Last Checked: Nov 8 at 6:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shelley Park Cluff

Rey
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Investment Insights

Based on property information with market context.

This 2,296-square-foot triplex contains three residences: two with one bedroom and one bathroom each, plus a two-bedroom, one-bathroom unit. The property was built in 1889 and is zoned Recreational.

The parcel covers 0.14 acres and measures 50 x 120. It has a crawl, pier/post foundation and sits on a curbed, paved street with sidewalks.

Key Highlights

  • Three residences: two one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit
  • All three units are currently rented
  • 2,296 square feet; built in 1889

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

945
Businesses Nearby

Demographics for 48602, MI

27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The occupied property offers two one-bedroom residences and one two-bedroom residence.
Where is this triplex located?
The property is located at 417 N Fayette Street Saginaw, MI.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Three residences: two one‑bedroom, one‑bathroom units and one two‑bedroom, one‑bathroom unit; All three units are currently rented; 2,296 square feet; built in 1889
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