Mid-Mitten Realty
500 W Biddle Street new Save Request In-Person Tour Request Virtual Tour
Jackson,MI 49203-1742
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,596 sqft
Price per Sqft $67
Subdivision Mi
MLS Listing ID 70503071
Year Built 1930
Annual Tax Amount $2,492
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 66x93
Property Sub-Type Multi-Family
Property Description
CITY CERTIFIED 4-UNIT PROPERTY WITH OFF-STREET PARKING AND EXCELLENT INVESTMENT POTENTIAL NEAR CENTRAL BUSINESS DISTRICT. Property Overview-Presenting a fantastic investment opportunity: a City Certified four-unit multi-family home located just minutes from the central business district. This property offers a strong return and is currently being offered at an impressive 11.5% CAP Rate, making it ideal for both seasoned investors and those entering the market.Unit Configuration-1 spacious two-bedroom unit3 comfortable one-bedroom unitsEach unit is thoughtfully designed for convenience and comfort, catering to a variety of tenant needs.Parking and Accessibility-All four units come with off-street parking, providing tenants with a secure and hassle-free parking experience. This feature adds significant value and appeal to the property.Prime Location-The property is ideally situated close to public transit options, allowing residents easy access to commute
Location
State MI
County Jackson
Area Jackson (38020)
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Jackson County Isd
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA