$230,000
$225,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
8,712 Sqft Lot
SOLD DATE : 07/08/2022
Key Details
Sold Price $230,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Village Of Jacksonburg
MLS Listing ID 55022021881
Sold Date 07/08/22
Bedrooms 2
Originating Board Jackson Area Association of REALTORS
Year Built 1950
Annual Tax Amount $2,582
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x132
Property Description
CITY CERTIFIED IN 2022. Six unit apartment building in the City of Jackson Central Business District. Unbelievably maintained by same owner for years, the last inspection took under one hour for the entire property. Current cap rate 9% with potential for 12+%. Coin operated laundry produces additional income. Storage space in basement. This cash positive property makes a great addition to its new owner's portfolio. Qualified purchasers may call Commercial REALTOR with your questions to to schedule your private tour.
Location
State MI
County Jackson
Area Jackson
Zoning Other
Direction W Washington between S Blackstone St and S Jackson St.
Rooms
Basement Walkout Access
Interior
Interior Features Other, Laundry Facility, Cable Available
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 6.0
Roof Type Other
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Water at Street, Public (Municipal)
Structure Type Brick
Schools
School District Jackson
Others
Pets Allowed Yes
Tax ID 4019300000
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
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