508 21st Street, Jackson, MI 49203

$152,500
Sold Price
$152,500
List Price
$169,900
Closing Date
Mar 15, 2022
Days on Market
22
MLS#
22001615
Status
SOLD
Type
Multifamily
Neighborhood
Jackson County - JX

Property Description

Original Owner 4 Unit in Summit Township, situated on 2 Lots with frontage on 21st St and W Franklin. Large parking area in front of home. Each Unit offers 1BR, 1BA, Living Room & Kitchen with appliances and rents for $450 per unit each month, current leases are month-to-month. Long term tenants who would love to stay,. Generating $21,600 in gross income, Net Operating Income $15,908. A large full basement provides Utility Room, Workshop and storage for owner. Basement offers washer & dryer hook-up, new owner could add coin operated washer/dryer for additional revenue. Great investment opportunity, this has been in the same family for 3 generations and has been meticulously cared for. New Membrane Roof installed in 2019. BATVI

Additional Information

Owner Pays
Water, Sewer, Gas
Taxes
$1,711
Acres
0.23
Heating
Forced Air
Roofing
Rubber
School District
Jackson
Total Parking Spaces
4
Utilities
Telephone Line, Cable Connected
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HOWARD HANNA REAL ESTATE SERVI. Selling Office: .