213 Reading Avenue, Jonesville, MI 49250
- Bedrooms
- Bathrooms
- SQ. FT.
- Schools Jonesville
- County Hillsdale
- Township Jonesville City
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms
- Basement Crawl Space, Full
- Garage
- Acreage 1.08
- Heat Type Forced Air
- Central Air Window Unit(s)
- Year Built 1900
- Style
- Exterior
- Taxes
- SEV 250100
- Zoning Resd
- Parcel 21-105-001-028
- Lot Size 145x345
Features
Prime income-producing 11-unit multifamily in Jonesville -- rare small-town opportunity offering 10% CAP and strong upside for investors. Tenants pay utilities, improving net operating margins and simplifying owner expenses. The portfolio mix includes one-bedroom and two-bedroom units (ideal for long-term tenants and workforce housing), with a history of consistent occupancy through professional management and immediate rent growth potential through modest unit updates. Additional 10 unit portfolio is available as well (totaling 21 units). Contract REALTOR for information.
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