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505-507 2nd Street

Jackson, MI 49203
$99,900
Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Coldwell Banker Beiswanger Realty Group, (517) 435-1500
Listing Snapshot
Days Online
161
Last Updated
Property Type
Multifamily
Lot Size
0.05 Acres
Year Built
1930
MLS Number
55025046452

Source: Home Junction

30 Days Snapshot Of 49203
$184k
+13%
(avg) sold price
17
-22%
homes sold
77
+10%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Basement
Basement?: 1
Building
2 total units, 2 two-bedroom units, Built in 1930, Wood, Unit count: 2
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.05, Lot size dimensions: 38x55
Miscellaneous
Gross scheduled income: $19,500, Net operating income: $10,800, Operating expense: $8,700
Parking
4 parking spaces
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,895
Sewer
Sewer (Sewer-Sanitary)
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Source: Home Junction

Monthly Payment
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Future Davis
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IDX provided courtesy of Realcomp II Ltd., via eXp Realty and Future Davis, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via eXp Realty and Future Davis, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.