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312-314 Second ST Jackson City, MI 49201
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Subdivision Livermore Wood & Eaton'S
MLS Listing ID 55026019544
Year Built 1900
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type MultiFamily
Property Description
Income generating 3 unit just outside of downtown Jackson. Offering a mix of 3 bedroom, 2 bedroom and 1 bedroom units, this one makes a lot of sense on paper! Lower level unit is expansive 3 bedroom with fresh paint, carpet, fixtures and appliances. Lots of storage space and generous bedroom sizes; previously renting for $1300+/m. Upper units are 2 bedroom and 1 bedroom respectively, generating another $1650 in rental income each month. Monthly operating expenses include water, garbage and Consumers for the owners, still showing a net profit of approximately $2000/m. 4 parking spaces included, cement driveway, separate basement entrance with newer furnace and water heater. Maintained in compliance with city certification for many years; a great opportunity for investors to add to their profile. Owner occupant opportunity also!
Location
State MI
County Jackson
Area Area12132Jackson
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Concrete, SharedDriveway
Community Features Sidewalks
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
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 Kittyanne Latocki of Production Realty