Jackson, MI 49201,223 W Washington AVE
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Jackson, MI 49201,223 W Washington AVE
Jackson, MI 49201,223 W Washington AVE
Jackson, MI 49201,223 W Washington AVE
Jackson, MI 49201,223 W Washington AVE

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Additional details
$ 465,000
Est. payment /mo
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223 W Washington AVE Jackson, MI 49201

4,872 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 4,872 sqft

Price per Sqft $95

MLS Listing ID 55025028606

Year Built 1950

Lot Size 8,712 Sqft

Property Sub-Type MultiFamily

Property Description

Prime opportunity to own a fully occupied 6-unit brick multifamily building in the heart of Downtown Jackson at 223 W Washington Ave. This low-maintenance, city-certified rental property (2024) features 4,872 sq ft of updated living space with consistent rental demand and zero vacancy. $60,000+/year gross income! Tenants enjoy coin-operated laundry, basement storage, and easy access to restaurants, shops, and public transit, including the Amtrak station. Zoned C-3 and located in a high-demand rental area, the property generates strong cash flow with high cap rate. With a solid rental history, stable income, and prime location, this turnkey asset is ideal for any investor seeking a high-performing, hassle-free addition to their portfolio. Listing agent is part owner of this property.

Location

State MI

County Jackson

Area Area12132Jackson

Rooms

Basement Full, WalkOutAccess

Interior

Heating HotWater, NaturalGas

Laundry CommonArea, InBasement

Exterior

Parking Features Asphalt, Paved

Community Features Sidewalks

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected, SewerConnected

View Y/N No

Roof Type Other

Building

Lot Description CornerLot, Level

Sewer PublicSewer, SewerAtStreet, StormDrain

Water Public

New Construction No

Schools

School District Jackson

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Realcomp MLS
Listed by Pouria Namazi of NCDG REALTY & PROPERTY MANAGE
Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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