Jackson, MI 49203,505-507 2nd Street
Jackson, MI 49203,505-507 2nd Street
Jackson, MI 49203,505-507 2nd Street
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$99,900
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2,178 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality Jackson City

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

Acres 0.05

Lot Dimensions 38x55

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

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

Direction S off W Franklin, E of Fourth

Rooms

Basement Full

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

Street Surface Paved

Total Parking Spaces 4

Building

Lot Description Level, Sidewalk

Structure Type Wood Siding

New Construction No

Schools

School District Jackson

Others

Tax ID 3-000600000

Acceptable Financing VA Loan, FHA, Cash, Conventional, Tax Def Exchange

Listing Terms VA Loan, FHA, Cash, Conventional, Tax Def Exchange


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Listed by Coldwell Banker Beiswanger Realty Group

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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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