$85,000
$88,900
4.4%For more information regarding the value of a property, please contact us for a free consultation.
1407 FIRST ST Jackson, MI 49203
1,342 SqFt
Key Details
Sold Price $85,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 1,342 sqft
Price per Sqft $63
Subdivision Summitville Add
MLS Listing ID 55202100784
Style Upper/Lower Apartment
Year Built 1910
Annual Tax Amount $738
Lot Size 8,712 Sqft
Property Description
Located near the Central Business District in the City of Jackson, this duplex is certified and making money. Both units are rented, one tenant has been there a very long time. Both units are 2 bedrooms with separate utilities. Property has a 2 car garage and is on a double lot. Property is currently producing approximately a 13% cap rate and DSCR of 1.45x for financing. Call for your private showing and we can make this your first or next income producing property in your portfolio.
Location
State MI
County Jackson
Area Jackson
Multi-Unit Info
Total Units 2
Interior
Hot Water Natural Gas
Heating Forced Air, Separate Meters
Building
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Vinyl,Wood
Schools
School District Jackson
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2025 Realcomp II Ltd. Shareholders
Bought with HOWARD HANNA REAL ESTATE SERVI