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521 Steward Avenue Jackson, MI 49201
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Key Details
Sold Price $40,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Jackson City
Subdivision Steward'S Add
MLS Listing ID 23141225
Sold Date 01/23/25
Year Built 1935
Annual Tax Amount $1,051
Tax Year 2022
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 42x155
Property Sub-Type 5+ Units
Property Description
PRIME OPPORTUNITY FOR INVESTORS & HOME BUYERS! Brand new furnace 2024. This dynamic rental concept offers a rooming house comprised of 11 rent-ready rooms & 3 bathrooms. Property backs up to Jackson County Medical Building & just minutes from the newly revitalized Downtown, Jackson Fairgrounds and less than 2 miles to I-94. Create cash flow & build your rental portfolio. Great parking. The seller has good success w/ this concept. Tenants pay weekly. The owner manages the property & covers utilities. Vinyl siding & interior updates. This could be a great setup for a home owner to create income by renting out rooms to over your mortgage. Other possibilities could include in-law/multi-generational housing, at-home caregiver, multi-unit & more! Showings Monday - Friday 9:00-3:30.
Location
State MI
County Jackson
Area Jackson County - Jx
Direction Between Ganson & Trail
Rooms
Basement Crawl Space, Full
Interior
Heating Forced Air
Fireplaces Number 1
Exterior
Utilities Available Natural Gas Available, Natural Gas Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Handicap Access Accessible Bath Sink, Accessible Mn Flr Be, Accessible Mn Flr Fu
Total Parking Spaces 11
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Jackson
Others
Tax ID 2-093600000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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