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$320,000
Est. payment /mo
6,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $53
Subdivision Mi
MLS Listing ID 70477712
Year Built 1900
Annual Tax Amount $7,200
Tax Year 2023
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 33*132
Property Sub-Type Multi-Family
Property Description
5 single-family homes for $320K. All properties are currently rented and offered in a package deal with a CAP RATE over 13%! (properties will not be sold individually)Professionally managed with monthly rents totaling $5,800+ with increases due in the next 3 months pushing rents up to $6,500+. All current with their city certifcations1003 Williams 4 bed, 2 bath $75k, rent $1,050/month (Section 8)231 W Mason 3 bed, 2 bath $65k, rent $950/month 513 W Trail 3 bed, 1bath $65k, rent $1,325/month (Section 8)301 E Euclid 3 bed, 1 bath $65k, rent $1,275/month 1009 Chittock 4 bed, 2 bath $50k, rent $1,200/month (Section 8)
Location
State MI
County Jackson
Area Jackson (38020)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum, Vinyl Siding
Building
Foundation Basement
Structure Type Aluminum,Vinyl Siding
Schools
School District Jackson County Isd
Others
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Keller Williams Ann Arbor Mrkt