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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,049 sqft
Price per Sqft $45
Subdivision Mi
MLS Listing ID 50138794
Sold Date 09/05/24
Style 2 Story
Bedrooms 4
Full Baths 4
Year Built 1900
Annual Tax Amount $867
Tax Year 2022
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 38x66x37
Property Description
Income Opportunity! 4-Unit Property with lots of income potential. Welcome to your next investment opportunity! This 4-unit property offers not just a home, but an income-generating asset. With 2 units already rented out, you can start earning immediately. Here's what this property has to offer: Situated close to the infamous Hinckley Bakery, this property enjoys easy access to downtown Jackson. **Unit Configuration:** - 4 spacious units, each designed for comfortable living. - 2 one bedroom units, 2 studio units. - Each unit has additonal storage space in the basement - Currently, 2 units are rented out, providing immediate income for the new owner. - The remaining 2 units offer excellent potential for rental income or owner occupancy. **Features:** - Unit 1 has been fully updates. Unit 2 & 3 have been updated within the past 2 years. - Parking space for tenants' convenience. - Low-maintenance landscaping adds to the property's appeal. **Investment Opportunity:** - Whether you're a seasoned investor or a first-time buyer looking to offset your mortgage, this property offers a fantastic opportunity. - Diversify your portfolio with a stable income-generating asset in a growing market. - Take advantage of the growing demand for rental properties in this sought-after location. **Don't Miss Out!** Properties like this don't stay on the market for long. Seize the opportunity to own a 4-unit property with 2 units already rented out. Schedule a viewing today and explore the potential of this income-generating gem!
Location
State MI
County Jackson
Area Jackson (38020)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Appliance Range/Oven, Refrigerator
Exterior
Exterior Feature Vinyl Siding
Amenities Available Private Entry, Wi-Fi Available
Waterfront No
Building
Story 2 Story
Foundation Basement, Crawl
Water Public Water
Structure Type Vinyl Siding
Schools
School District Jackson Public Schools
Others
Ownership Private
SqFt Source Estimated
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with XSell Realty