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$224,900
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 53026056048
Year Built 1935
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type MultiFamily
Property Description
Investors, take a look! This fully occupied four-unit property in Jackson offers an excellent opportunity to add an income-producing property to your portfolio! Featuring over 4,500 square feet with two 1-bedroom and two 2-bedroom units, currently generating $3,595 in monthly rental income ($43,140 annually). The current owner has invested in numerous improvements, including porch and railing repairs, roofing repairs, electrical and plumbing updates, and interior improvements during tenant turnovers. Situated on a 0.26-acre lot with a full basement and convenient access to downtown Jackson amenities. With established tenants, strong rental income, and improvements already completed, this property is worth a closer look! Financial information available for review.
Location
State MI
County Jackson
Area Area12132Jackson
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry CommonArea, InBasement
Exterior
Parking Features Gravel
Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
School District Jackson
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Mary Playford of Playford Real Estate
NEARBY SCHOOLS & PROPERTIES
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