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409 W Washington Avenue

Jackson, MI 49201
  • $240,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • MLS #: 22036448
Under Contract
UPDATED: 27 min ago
$240,000
  • 8
    BEDS
  • 0.11
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,036
    SQFT
  • $48
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Impressive, interesting and unusual 3 story brick income property. Four units, (1) 2 Bdrm, (1) 3-bedroom units and 2 efficiency apartments fully rented with long term tenants. Main apartment is owner occupied with roommates. Two larger units have kitchen, dining room and full living room with functioning fireplaces. There are four attached garages. City of Jackson certification through 6/28/2024. Newer State inspected boiler system and water heaters. Windows have screens and are functional to open for fresh air. Basement is totally usable and divided for storage. Owner has provided a washer/dryer for use by the tenants in the basement. Third story of building is open and unimproved, waiting for your further creative development.No separate meters. Owner pays for all utilities with cost covered in monthly rent.

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© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-09-30T08:01:43.767.
www.gingerbaxtergroup.com/homes/132420555
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409 W Washington Avenue Jackson, MI 49201

  • Price: $240,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 27 min ago
  • MLS #: 22036448
8
Beds
5
Baths
0
½ Baths
0.11
Acres
5,036
SQFT
$48
$/SQFT
1920
Built
Neighborhood:
Jackson City
County:
Jackson
Area:
Jx10 - Jackson County
School District:
Jackson
Property Description
Impressive, interesting and unusual 3 story brick income property. Four units, (1) 2 Bdrm, (1) 3-bedroom units and 2 efficiency apartments fully rented with long term tenants. Main apartment is owner occupied with roommates. Two larger units have kitchen, dining room and full living room with functioning fireplaces. There are four attached garages. City of Jackson certification through 6/28/2024. Newer State inspected boiler system and water heaters. Windows have screens and are functional to open for fresh air. Basement is totally usable and divided for storage. Owner has provided a washer/dryer for use by the tenants in the basement. Third story of building is open and unimproved, waiting for your further creative development.No separate meters. Owner pays for all utilities with cost covered in monthly rent.
Exterior Features

Driveway Paved Exterior Material Brick Lot Description Sidewalk Lot Dimensions 87 X 60 Number Of Buildings 1.00 Parking Spaces 4.0000 Road Frontage 60.00 Roofing Composition Street Type PavedPublic Substructure FullWalk Out Waterfront No

Interior Features

Air Conditioning None Basement Yes Heat Source Natural Gas Heat Type Hot Water Unit1 Full Baths 1 Unit1 Half Baths 1 Unit2 Full Baths 1 Unit2 Half Baths 0 Unit3 Full Baths 1 Unit3 Half Baths 0 Unit4 Full Baths 1 Unit4 Half Baths 0 Units Type1 2

Property Features

Annual Insurance 1200.00 Annual Property Tax 1823.65 Annual Utilities 6000.00 Association Jackson Area Association Of Realtors Auction Or For Sale For Sale Gross Operating Inc 10250.00 Homestead Percentage 50.00 Multifamily Type 2 To 4 Units Net Operating Inc 26770.00 New Construction No Owner Pays ElectricityGasSewerWater Possession Negotiable Rent Unit1 675.00 Rent Unit2 500.00 Rent Unit3 850.00 Rent Unit4 450.00 Sale Conditions None Sewer Public Tax Year 2022 Tenant Pays None Terms Available CashConventional Unit1 FireplaceGarageRange OvenRefrigerator Unit2 FireplaceGarageRange/Oven Unit3 GarageRefrigerator Util Avl At Street CableElectricNatural GasPublic SewerPublic WaterTelephone Line Utilities Attached ElectricNatural Gas Water Public Zoning R-3

Listing provided courtesy of Dana Howell of Era Reardon Realty, L.L.C.: (517) 782-2996. © 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.
© 2022 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2022-09-30T08:01:43.767.
 
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