223 W Washington Avenue new Save Request In-Person Tour Request Virtual Tour
Jackson,MI 49201
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 55025028606
Bedrooms 6
Year Built 1950
Annual Tax Amount $6,177
Lot Size 8,712 Sqft
Property Description
Prime opportunity to own a fully occupied 6-unit brick multifamily building in the heart of Downtown Jackson at 223 W Washington Ave. This low-maintenance, city-certified rental property (2024) features 4,872 sq ft of updated living space with consistent rental demand and zero vacancy. $60,000+/year gross income! Tenants enjoy coin-operated laundry, basement storage, and easy access to restaurants, shops, and public transit, including the Amtrak station. Zoned C-3 and located in a high-demand rental area, the property generates strong cash flow with high cap rate. With a solid rental history, stable income, and prime location, this turnkey asset is ideal for any investor seeking a high-performing, hassle-free addition to their portfolio. Listing agent is part owner of this property.
Location
State MI
County Jackson
Area Jackson
Zoning Other
Interior
Heating Hot Water
Laundry 1
Exterior
Garage Spaces 6.0
Roof Type Other
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal)
Structure Type Brick
Schools
School District Jackson
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional