$152,500
$169,900
10.2%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
10,018 Sqft Lot
SOLD DATE : 03/15/2022
Key Details
Sold Price $152,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Brookline
MLS Listing ID 55022001615
Sold Date 03/15/22
Bedrooms 1
Originating Board Jackson Area Association of REALTORS®
Year Built 1940
Annual Tax Amount $1,711
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 60x127x125x35x62x95
Property Description
Original Owner 4 Unit in Summit Township, situated on 2 Lots with frontage on 21st St and W Franklin. Large parking area in front of home. Each Unit offers 1BR, 1BA, Living Room & Kitchen with appliances and rents for $450 per unit each month, current leases are month-to-month. Long term tenants who would love to stay,. Generating $21,600 in gross income, Net Operating Income $15,908. A large full basement provides Utility Room, Workshop and storage for owner. Basement offers washer & dryer hook-up, new owner could add coin operated washer/dryer for additional revenue. Great investment opportunity, this has been in the same family for 3 generations and has been meticulously cared for. New Membrane Roof installed in 2019. BATVI
Location
State MI
County Jackson
Area Summit Twp
Zoning Residential
Direction Between Carlton & W Franklin
Interior
Interior Features Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Roof Type Rubber
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Jackson
Others
Pets Allowed Yes
Tax ID 115130412909200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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