408 Van Buren Street, Jackson, MI 49201

$224,900

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List Price
$224,900
Days on Market
5
MLS#
26056048
Status
ACTIVE
Type
Multifamily

Property Description

Investors, take a look! This fully occupied four-unit property in Jackson offers an excellent opportunity to add an income-producing property to your portfolio! Featuring over 4,500 square feet with two 1-bedroom and two 2-bedroom units, currently generating $3,595 in monthly rental income ($43,140 annually). The current owner has invested in numerous improvements, including porch and railing repairs, roofing repairs, electrical and plumbing updates, and interior improvements during tenant turnovers. Situated on a 0.26-acre lot with a full basement and convenient access to downtown Jackson amenities. With established tenants, strong rental income, and improvements already completed, this property is worth a closer look! Financial information available for review.

Additional Information

Owner Pays
Electricity, Gas, Sewer, Trash Collection, Water
Taxes
$5,724
Acres
0.26
Basement
Full
Heating
Forced Air
Roofing
Composition
School District
Jackson
Sewer
Public Sewer
Tenant Pays
None
Total Parking Spaces
10
Utilities
Natural Gas Connected, Electricity Connected, Cable Available
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mary Playford from Listing Office: Playford Real Estate.

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