505-507 2nd Street Active Save Request In-Person Tour Request Virtual Tour
Jackson,MI 49203
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Livermore Wood & Eaton'S Add
MLS Listing ID 55025046452
Bedrooms 2
Year Built 1930
Annual Tax Amount $1,895
Lot Size 2,178 Sqft
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 Jackson
Zoning Residential
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Roof Type Composition
Building
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Wood
Schools
School District Jackson
Others
Acceptable Financing Cash,Conventional,FHA,VA,Trade/Exchange
Listing Terms Cash,Conventional,FHA,VA,Trade/Exchange