Jackson, MI 49203,505-507 2nd ST
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Jackson, MI 49203,505-507 2nd ST
Jackson, MI 49203,505-507 2nd ST
Jackson, MI 49203,505-507 2nd ST
Jackson, MI 49203,505-507 2nd ST
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505-507 2nd ST Jackson, MI 49203

2,065 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 2,065 sqft

Price per Sqft $48

Subdivision Livermore Wood & Eaton'S Add

MLS Listing ID 55025046452

Year Built 1930

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type MultiFamily

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.

Location

State MI

County Jackson

Area Area12132Jackson

Rooms

Basement Full

Interior

Heating ForcedAir, NaturalGas

Fireplace No

Exterior

Parking Features Paved

Community Features Sidewalks

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Composition

Building

Lot Description Level

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Jackson

School District Jackson

Others

Acceptable Financing Cash, Conventional, FHA, Trade1031Exchange, VaLoan

Listing Terms Cash, Conventional, FHA, Trade1031Exchange, VaLoan

Special Listing Condition Standard


Realcomp MLS
Listed by Doug Beiswanger of Coldwell Banker Beiswanger Realty Group
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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505-507 2nd ST