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600 Thomas St, Hemlock, MI, 48626

12beds
6baths
4,698sqft
$799,000
$170price/sqft
$5,899/moest. monthly cost
$235,960/yrincome needed

About This Home

Charming, Turn-Key Multi-Unit Investment in Hemlock – Pride of Ownership Shines! Welcome to a rare opportunity to own a beautifully maintained, one-owner investment property in the heart of Hemlock! Lovingly cared for over the past 40+ years, this exceptional offering features a total of six units—comprised of one well-designed quadplex and one duplex—nestled on a stunning, meticulously landscaped parcel. Each thoughtfully designed unit offers nearly 800 square feet of comfortable living space, featuring 2 bedrooms, 1 full bath, a spacious living room, and a generously sized kitchen. Additional highlights include private laundry rooms and finished, heated garages—providing convenience and comfort that residents truly appreciate. This property is ideal for a variety of uses, including independent living, traditional apartments, or multi-family housing. The pride of both ownership and tenancy is evident throughout, with many long-term residents calling this community home for up to 20 years. Demand has remained consistently strong, with an established waiting list for future occupancy. Tucked away at the end of a quiet dead-end street, the private drive welcomes you into a peaceful setting that truly feels like home. Yet, you’re just minutes from shopping, dining, and medical facilities—offering the perfect blend of tranquility and convenience. Whether you’re expanding your portfolio or seeking a solid, income-producing property with a proven track record, this is an opportunity you won’t want to miss! Schedule your private showing today and experience the charm for yourself!

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

--
Hemlock Elementary SchoolGrades PK-K0.3 mi
7/10
Hemlock Middle SchoolGrades 5-80.3 mi
8/10
Hemlock High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Crawl Space
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Finished area above ground: 4,698

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 4,698 sqft

Property

Details

  • Parcel number: 22122280607700
  • Zoning description: MultiFamily
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.40 Acres
  • Lot size dimensions: 132 x 132

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Inland Flooding
Tornado

FEMA Declared Disasters in Saginaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,040$48,480
Home Insurance *$455$5,460
Property Taxes $892$10,704
Electricity $512$6,149
Total$5,899$70,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$202,251/yr
40% on housing$176,970/yr
45% on housing$157,306/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 48626$155
Saginaw County$85

vs Homes Sold Last Month

Median $/sqft

ZIP 48626$161
Saginaw County$108

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-31Price change$799,000
2026-04-09Listed for sale$900,000

For Sale by Agent

AgentTami Laduke
BrokerageRealty Professionals

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