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721 N Hamilton St., Saginaw, MI, 48602
Tenant-Occupied 6-Unit Apartment

721 N Hamilton St. Saginaw, MI 48602

For Sale
Contact for pricing

Tenant-occupied 6-unit building with separately metered electric and gas plus recent unit remodeling and a new roof.

Days on Market91

Property Features for 721 N Hamilton St.

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency: NextHome Greater Tri-Cities
Listed By: Coty Lewis · License #6505432312
Source: Crexi
Added: Apr 24 Changed: Jul 23 Last Checked: Jul 23 at 10:00AM

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 NextHome Greater Tri-Cities


Investment Insights

Based on property information with market context.

Tenant-occupied 6-unit apartment building offered with in-place rental operations. Units are separately metered, with tenants paying their own electric and gas. The owner’s responsibility is limited to water, trash, property taxes, and insurance. The property is described as delivering an exceptional 10% cap rate at current 83% occupancy, with stated upside to 100%, and is promoted as producing strong cash flow from day one with long-term tenants in place.

All units have been remodeled, including paint, flooring, and plumbing/bath updates. A brand new roof and gutters were installed in September 2025.

Showings are available upon accepted offer and proof of funds or an approval letter, and photos are referenced for three units that were previously vacant.

Key Highlights

  • Tenant‑occupied 6‑unit apartment building with separately metered electric and gas
  • Owner expenses: water, trash, property taxes, and insurance; tenants pay electric and gas
  • All units remodeled with paint, flooring, and plumbing/bath updates

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store HVAC Service Building Supply (Bike/Boat/Book/etc) Store Computer & Electronic Repair Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Tenant-occupied 6-unit building with separately metered electric and gas plus recent unit remodeling and a new roof.
Where is this apartment building located?
The property is located at 721 N Hamilton St. Saginaw, MI.
What are key features of this property?
This property features: Tenant‑occupied 6‑unit apartment building with separately metered electric and gas; Owner expenses: water, trash, property taxes, and insurance; tenants pay electric and gas; All units remodeled with paint, flooring, and plumbing/bath updates
(989) 239-7545 Call to check price and availability
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