500 W Biddle Street #A,B,C,D new 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 25056416
Year Built 1930
Annual Tax Amount $2,492
Tax Year 2025
Lot Size 6,098 Sqft
Property Sub-Type 2 to 4 Units
Property Description
CITY CERTIFIED 4-UNIT PROPERTY WITH OFF-STREET PARKING AND EXCELLENT INVESTMENT POTENTIAL NEAR CENTRAL BUSINESS DISTRICT.
Property Overview-
Presenting a fantastic investment opportunity: a City Certified four-unit multi-family home located just minutes from the central business district. This property offers a strong return and is currently being offered at an impressive 11.5% CAP Rate, making it ideal for both seasoned investors and those entering the market.
Unit Configuration-
• 1 spacious two-bedroom unit
• 3 comfortable one-bedroom units
Each unit is thoughtfully designed for convenience and comfort, catering to a variety of tenant needs.
Parking and Accessibility-
All four units come with off-street parking, providing tenants with a secure and hassle-free parking experience. This feature adds significant value and appeal to the property.
Prime Location-
The property is ideally situated close to public transit options, allowing residents easy access to commute throughout the city. In addition, shopping, dining, and entertainment venues are all within walking distance, ensuring a vibrant and convenient lifestyle for tenants.
Investment Highlights-
" City Certified for peace of mind and compliance
" Attractive 11.5% CAP Rate
" Desirable unit mix for diverse rental demand
" Off-street parking for all units
" Proximity to central business district, transit, shopping, and dining.
Don't miss the chance to own this well-maintained and high-performing multi-family property in a sought-after urban location.
Home is available with $0 down payment to qualified purchasers. Contact REALTOR today for more details or to schedule a viewing. throughout the city. In addition, shopping, dining, and entertainment venues are all within walking distance, ensuring a vibrant and convenient lifestyle for tenants.
Investment Highlights-
" City Certified for peace of mind and compliance
" Attractive 11.5% CAP Rate
" Desirable unit mix for diverse rental demand
" Off-street parking for all units
" Proximity to central business district, transit, shopping, and dining.
Don't miss the chance to own this well-maintained and high-performing multi-family property in a sought-after urban location.
Home is available with $0 down payment to qualified purchasers. Contact REALTOR today for more details or to schedule a viewing.
Location
State MI
County Jackson
Area Jackson County - Jx
Interior
Heating Forced Air
Cooling Window Unit(s)
Exterior
Parking Features Paved
Utilities Available Phone Available,Cable Available,Natural Gas Connected,Electricity Connected
View Y/N No
Roof Type Other,Composition
Building
Lot Description Level,Sidewalk,Corner Lot
Structure Type Vinyl Siding
New Construction No
Schools
School District Jackson
Others
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional