505-507 2nd Street Active Save Request In-Person Tour Request Virtual Tour
Jackson,MI 49203
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Livermore Wood & Eaton'S Add
MLS Listing ID 25046452
Year Built 1930
Annual Tax Amount $1,895
Tax Year 2025
Lot Size 2,178 Sqft
Property Sub-Type 2 to 4 Units
Property Description
Income producing Duplex with side by side 2 bedroom, 1 bath units. Located just minutes from the Central Business District of Jackson, MI, this CITY-CERTIFIED and PROFESSIONALLY MANAGED investment property offers exceptional income potential with a 10%+ CAP Rate. The property features two spacious 2-bedroom, 1-bathroom units, all with Professional Property Manager screened, long- term tenants. The current owners have upgraded both units with new flooring, appliances, paint, and remodeling to meet city requirements, ensuring smooth operation and strong tenant retention.
Location
State MI
County Jackson
Area Jackson County - Jx
Interior
Heating Forced Air
Exterior
Parking Features Paved
Utilities Available Phone Available,Cable Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Composition
Building
Lot Description Level,Sidewalk
Structure Type Wood Siding
New Construction No
Schools
School District Jackson
Others
Acceptable Financing VA Loan,FHA,Cash,Conventional,Tax Def Exchange
Listing Terms VA Loan,FHA,Cash,Conventional,Tax Def Exchange