Four-Unit Residential Income
710 Chesaning Street Saint Charles, MI 48655
For Sale
$174,900
MULTI_FAMILY - Saint Charles, MI
Property Size2,716 SF
Lot Size0.61 Acres
Price / SF$64.40
Days on Market295
Property Features for 710 Chesaning Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 3
- Standard status
- Active
- APN
- 24-10-3-05-0934-000
- Size
- 2,716 SF
- Lot size
- 0.61 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5929
Utilities
- Heating system
- Forced Air, Oil
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
Listing Agency:
Century 21 Signature Realty
(989) 921-7000
Listed By:
Mark Greskowiak · License #6506036834
(989) 781-6979
Added: Oct 5, 2025
Changed: Jun 3
Last Checked: Jul 26 at 10:06AM
MLS# 50190549
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.
This four-unit residential income property consists of two first-floor apartments and two upstairs units. The two first-floor apartments each include 2 bedrooms and 1 bathroom. The two upstairs units each include 1 bedroom and 1 bathroom. Three of the four units are currently occupied, providing in-place rental housing within the property.
The property is located at 710 Chesaning Street in Saint Charles, Michigan (48655), within Saginaw County. The site includes a total lot size of 0.61 acres, and the building is listed at 2,716 square feet.
For tenants or owner-occupants seeking rental flexibility, the unit mix offers both 1-bedroom and 2-bedroom layouts. For buyers, the fact that 3/4 units are occupied may support immediate income generation while the remaining unit is brought to lease-ready status. Prospective purchasers should schedule a showing to review the current occupancy, confirm rent roll details, and assess the condition of each unit and common areas.
The property is located at 710 Chesaning Street in Saint Charles, Michigan (48655), within Saginaw County. The site includes a total lot size of 0.61 acres, and the building is listed at 2,716 square feet.
For tenants or owner-occupants seeking rental flexibility, the unit mix offers both 1-bedroom and 2-bedroom layouts. For buyers, the fact that 3/4 units are occupied may support immediate income generation while the remaining unit is brought to lease-ready status. Prospective purchasers should schedule a showing to review the current occupancy, confirm rent roll details, and assess the condition of each unit and common areas.
Key Highlights
- 4‑unit home in Saint Charles with two first‑floor 2‑bedroom/1‑bath apartments
- Two upstairs 1‑bedroom/1‑bath units
- 3 of 4 units are currently occupied
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 | $24.8k | $9.12 |
| − Vacancy | −$1.8k | −$0.66 |
| EGI | $23.0k | $8.46 |
| − OpEx | −$6.9k | −$2.54 |
| NOI | $16.1k | $5.92 |
2,716 SF · lease $9.12/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$229.9K
$201.1K – $268.2K
NOI $16,091 @ 7.0% cap · market cap 9.20%
Second Best
Apartment 5plus
$218.3K
$191.1K – $254.7K
NOI $15,284 @ 7.0% cap · market cap 8.74%
Theoretical Best
Specialty Retail
$501.8K
$439.1K – $585.4K
NOI $35,126 @ 7.0% cap · market cap 20.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit quadplex with mixed unit sizes, including 3 currently occupied apartments.
Where is this quadplex located?
The property is located at 710 Chesaning Street Saint Charles, MI.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 4‑unit home in Saint Charles with two first‑floor 2‑bedroom/1‑bath apartments; Two upstairs 1‑bedroom/1‑bath units; 3 of 4 units are currently occupied
