$800,000
$1,300,000
38.5%For more information regarding the value of a property, please contact us for a free consultation.
3.3 Acres Lot
SOLD DATE : 11/17/2023
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 55023030362
Sold Date 11/17/23
Originating Board Jackson Area Association of REALTORS®
Year Built 1945
Annual Tax Amount $7,860
Lot Size 3.300 Acres
Acres 3.3
Lot Dimensions 338x612
Property Description
Built for locals and commuters alike, this 26-unit rental property is ready for its next investor. Location is key and this property can accommodate those seeking easy access to I-94 for both locals and commuters. 15 of 26 units recently updated. All units have A/C, cable, internet, refrigerator, and microwave. Priced at a CAP Rate of 8.5% this seller is ready to get a transaction closed. Contact Commercial Realtor with your questions.
Location
State MI
County Jackson
Area Leoni Twp
Zoning Other
Direction Along I-94, E of Sargent Rd and W of Race Rd. Both provide access to the property.
Interior
Interior Features Other, Laundry Facility, Cable Available
Heating Forced Air, Hot Water, Radiant
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 100.0
Roof Type Composition
Road Frontage Paved
Garage no
Building
Foundation Crawl
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Vinyl
Schools
School District East Jackson
Others
Pets Allowed Yes
Tax ID 000092340200600
Acceptable Financing Cash, Conventional, Trade/Exchange
Listing Terms Cash, Conventional, Trade/Exchange
Financing Cash,Conventional,Trade/Exchange
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Bought with Beiswanger and Risner RE Group
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