$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
2 Beds
8,712 Sqft Lot
Key Details
Sold Price $85,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Summitville Add
MLS Listing ID 55021034762
Bedrooms 2
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
Interior
Heating Forced Air, Space Heater
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Vinyl,Wood
Schools
School District Jackson
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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