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)
Property Type
MultifamilyCounty
JacksonStyle
MultifamilyAD ID
50276169
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Property Details
-
Interior Features
Interior Features
- Cable Available
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1900
- Total Units: 5
- Foundation/Basement: Michigan Basement
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.10
- Dimensions: 33*132
Property Information
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $320,000
Listing Information
- Possession: At Close
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,200
- Parcel Number: 4089700000
Possession
- At Close
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 6
Unit 3 Information
- # of Bedrooms: 3
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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BuyOwner last updated this listing 06/27/2025 @ 18:10
- MLS: 629130819
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 17 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.