Tenant-Occupied 6-Unit
721 N Hamilton St. Saginaw, MI 48602
For Sale
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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
(989) 239-7545
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.
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
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