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$49,900 Contingent - Financing

513 S Mechanic St
Jackson, MI 49203

4 units | Multi Family Home
8276 sq ft lot - MLS# 201701270
Property Photo
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Description

Opportunity awaits in this 4 unit conveniently located close to the hustle and bustle of downtown Jackson. Close to many new restaurants, shopping, bus stops, train station and everything in-between. This home is wired for some split electrical with separate meters owned by seller. Gross rents on this home are $1,780 monthly. Great opportunity to passively generate over $21,000.00 a year!

Features

  • County/Area: Jackson County
  • Electric Paid By: Owner
  • Foundation: Full Basement
  • Fuel Paid By: Owner
  • Fuel Type: Natural Gas
  • Gas Paid By: Owner
  • Gross Rent: 21360
  • Heat/Cool: Forced Air
  • Insurance Paid By: Owner
  • Listing Status: Contingent - Financing
  • Lot Front: 73
  • Lot Size: 73x198
  • Lot SqFt: 8276.4
  • Maint Paid By: Owner
  • Management Paid By: Owner
  • Net Income: 21360
  • New-Occupied: Pre-Owned
  • Property Type: Multi Family Home
  • Road Type: Paved, Gravel Driveway
  • School District: Jackson
  • Source Of Sqft: Assessors Data
  • Sq.Ft.: 1796
  • Style: 2 Story
  • Sub Type: 1 to 4 Units
  • Subdivision: Grand River Addition
  • Subdivision/Neighborhood: Grand River Addition
  • Taxes Paid By: Owner
  • Township: City Of Jackson
  • Trash Removal Paid By: Owner
  • Unit 1 # Bdrms: 1
  • Unit 1 # Full Baths: 1
  • Unit 1 # Of Parking: 1
  • Unit 1 # Rooms: 4
  • Unit 1 Curr. Mo. Rent: 525
  • Unit 1 Lease Exp: M2m
  • Unit 1 Sq Ft: 700
  • Unit 2 # Full Baths: 1
  • Unit 2 # Of Parking: 1
  • Unit 2 # Rooms: 4
  • Unit 2 Curr. Mo. Rent: 310
  • Unit 2 Lease Exp: M2m
  • Unit 2 Sq Ft: 500
  • Unit 3 # Bedrooms: 1
  • Unit 3 # Full Baths: 1
  • Unit 3 # Of Parking: 1
  • Unit 3 # Rooms: 4
  • Unit 3 Curr. Mo. Rent: 425
  • Unit 3 Lease Exp: M2m
  • Unit 3 Sq Ft: 600
  • Unit 4 # Bedrooms: 1
  • Unit 4 # Full Baths: 1
  • Unit 4 # Of Parking: 1
  • Unit 4 # Rooms: 4
  • Unit 4 Curr. Mo. Rent: 520
  • Unit 4 Lease Exp: M2m
  • Unit 4 Sq Ft: 700
  • Units: 4
  • Water/Sewer: Community/Public Water, Community/Public Sewer
  • Water/Sewer Paid By: Owner
  • Year Built: 1910
  • Zip Code: 49203
  • Zoning: Residential

Courtesy of:

  • More info
  • Zach Williams
    ERA Reardon Realty - Jackson
    Direct: 517-315-1111
    Office: 517-782-2996
    Fax: 517-782-3688
    Email: Zach.Williams@Era.com
    Website: www.ZachTheRealtor.com

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