223 W Washington Avenue

Jackson, Michigan 49201

  • 6 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.2
    Acre(Lot)
$495,000

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.

  • Property Type

    Multifamily

  • County

    Jackson

  • Style

    Multifamily

  • AD ID

    50172085

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Property Details

  • Interior Features

    • Laundry Facility,Cable Available
    • Roof : Other
    • Basement Description: Walk-Out Access

    Heating & Cooling

    • Heating: Hot Water
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1950
    • Total Units: 6
    • Roof: Other

    Utility Features

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

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.20
    • Dimensions: 66x132

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $495,000

    Listing Information

    • Possession: At Close
    • Legal Description: W 1/2 OF LOT 7 B3S R1W THE ORIGINAL PLAT OF THE VILLAGE OF JACKSONBURG

  • Tax Information

    • Annual Tax: $6,177
    • Parcel Number: 4019300000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: W 1/2 OF LOT 7 B3S R1W THE ORIGINAL PLAT OF THE VILLAGE OF JACKSONBURG

  • Parking Information

    • Parking: 6

    Multi-Unit Information

    • Road Frontage: Paved,Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 6

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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BuyOwner last updated this listing 06/21/2025 @ 06:36

  • MLS: 628726171
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 6 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Paved parking. are nearby neighborhoods.