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Buy a multi-family propertyat 210 3rd Street, Jackson, MI 49201

$155,000

$0/mo

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Multifamily

7,405 Sq. Ft. lot

275 Days on market

23026750 MLS ID

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About 210 3rd Street multi-family property

Long term owner that has kept up with maintenance over the years, happy tenants that ALL would like to stay! Main floor is one unit (3 bedrooms, 1 bath), renting at $950/mo. Second floor is 4 Sleeping Rooms, with 3 renting at $400/month, one at $280/mo. Full bath on second floor is shared by the 4 upstairs tenants. This home was once a single family home, then set up in it's current format. Good roof on house (2008), newer roof on wrap around porch (2022). Furnace is from 1992, newer gas water heater, 100 Amp service, owner pays utilities. Off street parking, plus 2 car garage that main floor tenant has exclusive use of.
Long term owner that has kept up with maintenance over the years, happy tenants that ALL would like to stay! Main floor is one unit (3 bedrooms, 1 bath), renting at $950/mo. Second floor is 4 Sleeping Rooms, with 3 renting at $400/month, one at $280/mo. Full bath on second floor is shared by the 4 upstairs tenants. This home was once a single family home, then set up in it's current format. Good roof on house (2008), newer roof on wrap around porch (2022). Furnace is from 1992, newer gas water heater, 100 Amp service, owner pays utilities. Off street parking, plus 2 car garage that main floor tenant has exclusive use of.

Property details

Location

City: Jackson

State Or Province: MI

County Or Parish: Jackson

Postal Code: 49201

MLS Area Major: Jackson County - JX

MLS Area Minor: Jackson County - JX

Property Access

Road Surface Type: "Paved"

Basement

Basement: "Crawl Space", "Full"

Building

Construction Materials: "Vinyl Siding"

Number Of Buildings: 1

Number Of Units Total: 5

Year Built: 1890

Cooling

Cooling: "None"

Expenses

Manager Expense: $0

Operating Expense: $9,786

Insurance Expense: $731

Fireplaces

1 total fireplace

Heating

Heating: "Forced Air", "Natural Gas"

Heating Included

Income

Gross Income: $26,130

Net Operating Income: $16,344

Listing

Listing Contract Date: 2023-07-26

Listing Id: 23026750

Listing Terms: "Cash", "Conventional"

Mls Status: Active

Modification Timestamp: 2023-07-27 04:11:44

On Market Date: 2023-07-26

Standard Status: Active

Status Change Timestamp: 2023-07-26 16:24:27

Lot

Features: "Sidewalk"

0.17 acres

Area: 0.17

Dimensions: 136 x 55

7,405 square feet

Owner Pays

Owner Pays: "Water", "Sewer", "Gas"

Parking

Features: "Concrete", "Driveway", "Gravel"

Parking Total: 2

Property

Parcel Number: 3-017200000

Property Sub Type: 2 to 4 Units

Roof

Roof: "Other"

Schools

Middle Or Junior School District: Jackson

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: $1,159

Tax Year: 2022

Utilities

Water Source: "Public"

Monthly cost

Estimated monthly cost

$1,088/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$145,700

+$4,650

$150,350

Seller agent commission$4,650 (3%)*

$0 (0%)

Buyer agent commission$4,650 (3%)*

$4,650 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:45 p.m.

Data updated: Jul 27, 2023 at 9:07 a.m.

Courtesy of ERA REARDON REALTY, L.L.C., TIMOTHY J ATKINS.
All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information.
Listing Information © 2024 Michigan Regional Information Center. All Rights Reserved.

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