221 Cambridge Dr, Saginaw, TX 76179

$625,000
: 8
BD
: 8
BA

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List Price: $625,000
Status: ACTIVE
MLS#: 21322534
Subtype: ResidentialIncome
Construction Status: Preowned
Year Built: 1982
Bedrooms: 8
Bathrooms: 8
Full Baths: 4
Half Baths: 4
Lot Size: 14,026
Acres: 0.32
Subdivision: Cambridge Estates
Building Name: Cambridge Estates

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Property Description

Well-maintained 4-unit investment property in Saginaw offering a strong opportunity for buyers searching for multifamily real estate with convenient access to I-35W, Loop 820, major employment centers, shopping, dining, and everyday conveniences. The seller prefers to sell Building 221 together with Buildings 321, 313, and 405, creating the potential to acquire multiple adjacent assets. Each of the 4 units features 2 bedrooms, 1 full bath, 1 half bath, and approximately 1,044 square feet of living space. The functional floor plans include spacious living areas with wood-burning fireplaces, well-designed kitchens, and washer and dryer hookups, providing practical features that appeal to a wide range of tenants. The property has been consistently maintained and includes numerous capital improvements, offering added value for investors. Updates include multiple newer water heaters and HVAC systems, and roofs that are all less than 6 years old, helping reduce future maintenance considerations. Located in a well-established area with convenient access to major commuter routes including I-35W and Loop 820, this multifamily property is positioned near retail, restaurants, employment centers, and other daily amenities. Buyers searching for Fort Worth investment property, income-producing real estate, or a multifamily portfolio expansion will appreciate the combination of location, ongoing maintenance, and the opportunity to purchase multiple buildings together.

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