Kathy FlemingReed City Realty, REALTOR®,

231-388-2454

223 W Washington Avenue, Jackson, MI 49201

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$495,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Jackson
  • County Jackson
  • Township Jackson City
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full, Walk-Out Access
  • Garage  
  • Acreage 0.2
  • Heat Type Hot Water
  • Central Air  
  • Year Built 1950
  • Style  
  • Exterior  
  • Taxes 6177.29
  • SEV 129000
  • Zoning C-3
  • Parcel 4-019300000
  • Lot Size 66x132

Features

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.

Directions W Washington between S Blackstone St and S Jackson St.
Listing Courtesy of Pouria Namazi - NCDG REALTY & PROPERTY MANAGE

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