1003 Williams Active

Jackson,MI 49201

$ 320000

5 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025031052

Bedrooms 5

Year Built 1900

Annual Tax Amount $7,200

Lot Size 4,356 Sqft

Property Description

5 single-family homes for $320K. All properties are currently rented and offered in a package deal with a CAP RATE over 13%! (properties will not be sold individually)Professionally managed with monthly rents totaling $5,800+ with increases due in the next 3 months pushing rents up to $6,500+. All current with their city certifcations1003 Williams 4 bed, 2 bath $75k, rent $1,050/month (Section 8)231 W Mason 3 bed, 2 bath $65k, rent $950/month 513 W Trail 3 bed, 1bath $65k, rent $1,325/month (Section 8)301 E Euclid 3 bed, 1 bath $65k, rent $1,275/month 1009 Chittock 4 bed, 2 bath $50k, rent $1,200/month (Section 8)

Location

State MI

County Jackson

Area Jackson

Interior

Heating Forced Air

Exterior

Garage Spaces 6.0

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

Water Public (Municipal)

Structure Type Aluminum,Vinyl

Schools

School District Jackson

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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