Mark WentlandBig Rapids Realty & Reed City Realty, ABR, ABRM Associate Broker

231-598-4871

315 S Jackson Street, Hanover, MI 49241

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$1,500,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Hanover-Horton
  • County Jackson
  • Township Hanover Vlg
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Crawl Space, Full, Partial, Slab
  • Garage  
  • Acreage 13
  • Heat Type Forced Air, Hot Water, Radiant
  • Central Air Central Air, Window Unit(s)
  • Year Built 1964
  • Style  
  • Exterior  
  • Taxes  
  • SEV 500700
  • Zoning  
  • Parcel 000-17-28-126-006-00
  • Lot Size 601,333.6

Features

Excellent multifamily investment opportunity offering 12 income-producing units situated on approximately 13 acres in the Village of Hanover. The property includes five duplex buildings and two single-family homes, providing a diverse unit mix and strong rental demand.

This portfolio has benefited from significant recent improvements, helping reduce future capital expenses and making it a low-maintenance investment for the next owner. The property has maintained consistently strong occupancy, with all units currently leased, providing stable income and reliable cash flow.

In addition to the existing rental income, the property offers future upside potential with the 13 acres of land primed for development.

Wickman Apartments Portfolio represents a compelling investment opportunity for investors seeking both current cash flow and long-term growth potential.
6 parcels total. 000-17-28-126-015-01, 000-17-28-126-015-02, 000-17-28-127-003-02, 000-17-28-127-003-01, 000-17-28-126-014-01

Directions Roundtree Rd to Seward St or State St to south on Dean St.
Listing Courtesy of Crystal Dane - Coldwell Banker Groves Real Estate

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