406-410 EIGHTEENTH ST Contingent

Jackson,MI 49203

$ 320000

0 Bed

0 Bath

4104 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 4,104 sqft

Price per Sqft $77

Subdivision Belmont Park

MLS Listing ID 55202101890

Style Duplex

Originating Board Jackson Area Association of REALTORS®

Year Built 1995

Annual Tax Amount $4,998

Lot Size 1.360 Acres

Lot Dimensions 323x129x153

Property Description

Great income/investment opportunity in Summit Township. Two duplex buildings, built in 1995. South building (410) units are both 1 bedroom, spacious 2nd floor bedroom, large bath with skylight, jetted tub & separate shower, large walk-in closet, 1.5 baths, main floor laundry - very attractive setup make for easy renting! North building (406) units are both 2 bedroom, 1.5 baths, good closet/storage space, main floor laundry. New roof on both buildings in Oct. 2020. Owner built this property to be maintenance free & attractive apartments for tenants, and it has been a great investment, and will continue to be one! Owner has never had an issue renting the apartments, rents are relatively low & could be increased. Storage shed space for each unit & paved driveway for each unit. Income growth opportunity with the inclusion of 6 additional vacant lots which could allow for extra units to be built for more income, if desired!

Location

State MI

County Jackson

Area Summit Twp

Direction NW corner of Franklin & 18th St

Interior

Hot Water Natural Gas

Heating Central Air,Forced Air,Separate Meters

Cooling Central Air

Heat Source Natural Gas

Exterior

Pool No

Porch Deck

Road Frontage Paved

Building

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 2 Story

Structure Type Stone,Vinyl

Schools

School District Jackson

Others

Tax ID 090130411310900

SqFt Source Assessors

Financing Cash,Conventional,FHA,VA

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