$99,900

505-507 2nd Street, Jackson City, MI 49203

  • 2,065 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $48/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional Property Manager screened, long- term tenants. The current owners have upgraded both units with new flooring, appliances, paint, and remodeling to meet city requirements, ensuring smooth operation and strong tenant retention.

Listing Status:
Active
Listing Office:
Coldwell Banker Beiswanger Realty Group : 5174351500
Listing Agent:
Doug Beiswanger : 5179149555
MLS ID:
55025046452
  • Basement: Full
  • Heating: Forced airNatural gas
  • Parking: PavedParking spaces: 4
  • Roofing: Composition
  • General: Wood siding
  • Originating MLS: Jackson Area Association of REALTORS
  • School District: Jackson
  • County: Jackson
  • Zoning: W 55.13 FT OF S 37.5 FT OF LOT 3 BLK 8 LIVERMORE WOOD & EATON'S ADD3000600000
  • Utilities: Electricity connectedNatural gas connectedPhone available
  • Water: Public
  • Sewer: Public sewer
  • Source: Jackson Area Association of REALTORS

This listing courtesy of Doug Beiswanger, Coldwell Banker Beiswanger Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cascades Elementary School

1226 S Wisner St, Jackson, MI, 49203

Grades KG-5

0.88 miles away

M

Middle School at Parkside

2400 4th St, Jackson, MI, 49203

Grades 6-8

1.63 miles away

J

Jackson Pathways

544 Wildwood Ave, Jackson, MI, 49201

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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#55025046441 - Coldwell Banker Beiswanger Realty Group